๐ $AAVE Technical Update ๐
๐ Current Price: $368.92 (-3.00%)
๐ 24H High: $384.90 | ๐ป 24H Low: $364.61
๐ Volume: 259,648.37 (AAVE), 97.29M (USDT)
๐ Market Analysis:
AAVE/USDT faced resistance at $390.15, retracing to the current level of $368.92 after failing to sustain above $384.90. Consolidation near the $370.00 zone indicates the potential for a short-term bounce or further pullback to stronger support levels.
๐ก Key Levels:
๐น Support: $364.00
๐น Resistance: $390.00
๐ฏ Trading Signal:
๐ธ Entry Zone: $368.00โ$370.00
๐ธ Stop Loss (SL): $360.00 (below key support)
๐ธ Targets (TP):
TP1: $380.00 (+3%)
TP2: $390.00 (+5.7%)
TP3: $400.00 (+8.4%)
โ Pro Strategy:
Scalpers: Focus on quick profits at TP1.
Swing Traders: Hold for TP2 or TP3 while trailing stop-loss after TP1 to secure gains.
Monitor trading volume and price action around $370.00 for a potential reversal signal.
๐ข Momentum Alert: A breakout above $390.00 could ignite a rally toward $400+ ๐.
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