Current Setup:
AAVE has delivered a buy signal following a successful breakout and consolidation above the key $340.49 resistance level, with confirmation at $345.61. Although the second candle after the signal touched $380 and formed a large upper shadow (indicating short-term profit-taking and buyer trapping), the overall structure remains aligned with the bullish trajectory. The asset is now consolidating within the $345.61–$275.76 range, offering a potential entry zone for strategic buyers.
Trigger & Confirmation:
The buy signal was confirmed at $345.61. While the rejection at $380 suggests increased short-term volatility, it does not invalidate the broader bullish outlook. Traders may consider entries near the $345–$350 support zone, with a decisive close above $380 reaffirming momentum.
Projection:
Upon sustained bullish momentum, AAVE is poised to target $415.46 (Target 1) and $485.31 (Target 2). The recent rejection at $380 implies potential consolidation before upward resumption. A breakout above $380 could accelerate momentum toward higher targets.
Risk Management:
Stop-Loss: $275.76 (daily close below).
Position Strategy:
Given the recent volatility, limit orders near $345–$350 are advised for optimal risk-reward.
Use SPOT trading or low leverage (≤3x) to mitigate volatility risks.
Risk ≤5% of capital per position.
At $415.46 (Target 1), close 75% of the position to secure profits and adjust the stop to breakeven.
Hold the remainder toward $485.31 (Target 2).
Note: The upper shadow at $380 underscores the need for disciplined entry and risk management. This signal remains valid unless $275.76 is lost.
Trade Safe,
S.Reza Mehrjuyan / CEO FNS
Analyst, Manager
AAVE has delivered a buy signal following a successful breakout and consolidation above the key $340.49 resistance level, with confirmation at $345.61. Although the second candle after the signal touched $380 and formed a large upper shadow (indicating short-term profit-taking and buyer trapping), the overall structure remains aligned with the bullish trajectory. The asset is now consolidating within the $345.61–$275.76 range, offering a potential entry zone for strategic buyers.
Trigger & Confirmation:
The buy signal was confirmed at $345.61. While the rejection at $380 suggests increased short-term volatility, it does not invalidate the broader bullish outlook. Traders may consider entries near the $345–$350 support zone, with a decisive close above $380 reaffirming momentum.
Projection:
Upon sustained bullish momentum, AAVE is poised to target $415.46 (Target 1) and $485.31 (Target 2). The recent rejection at $380 implies potential consolidation before upward resumption. A breakout above $380 could accelerate momentum toward higher targets.
Risk Management:
Stop-Loss: $275.76 (daily close below).
Position Strategy:
Given the recent volatility, limit orders near $345–$350 are advised for optimal risk-reward.
Use SPOT trading or low leverage (≤3x) to mitigate volatility risks.
Risk ≤5% of capital per position.
At $415.46 (Target 1), close 75% of the position to secure profits and adjust the stop to breakeven.
Hold the remainder toward $485.31 (Target 2).
Note: The upper shadow at $380 underscores the need for disciplined entry and risk management. This signal remains valid unless $275.76 is lost.
Trade Safe,
S.Reza Mehrjuyan / CEO FNS
Analyst, Manager
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。