🚀 AAVE Showing Strength — Key Breakout Level & Trade Setup (Short-Term Strategy)
Among major altcoins, AAVE stands out as one of the few maintaining its bullish structure.
A breakout above $258.54 can offer a solid entry opportunity in futures, supported by momentum and price structure.
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🧠 Trade Setup Details:
🎯 Entry Trigger: Break and hold above $258.54
🛡️ Risky Stop-Loss: $253.95
🎯 First Target: $272.20 (favorable risk-to-reward ratio)
💰 Profit Strategy:
Either take profits at $272.20
Or hold the position and trail your stop to $248.94 to make the trade risk-free
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📊 Extra Confirmation (1H Chart):
If RSI crosses above 70 on the 1-hour timeframe, it adds another layer of bullish confirmation and can be used as a momentum entry trigger.
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✅ Summary:
AAVE is technically positioned for potential upside, and if price confirms strength above key levels, it presents a clean short-term long setup with well-defined risk parameters. One of the few altcoins still holding its bullish structure.
Among major altcoins, AAVE stands out as one of the few maintaining its bullish structure.
A breakout above $258.54 can offer a solid entry opportunity in futures, supported by momentum and price structure.
---
🧠 Trade Setup Details:
🎯 Entry Trigger: Break and hold above $258.54
🛡️ Risky Stop-Loss: $253.95
🎯 First Target: $272.20 (favorable risk-to-reward ratio)
💰 Profit Strategy:
Either take profits at $272.20
Or hold the position and trail your stop to $248.94 to make the trade risk-free
---
📊 Extra Confirmation (1H Chart):
If RSI crosses above 70 on the 1-hour timeframe, it adds another layer of bullish confirmation and can be used as a momentum entry trigger.
---
✅ Summary:
AAVE is technically positioned for potential upside, and if price confirms strength above key levels, it presents a clean short-term long setup with well-defined risk parameters. One of the few altcoins still holding its bullish structure.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.