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$AAVE 4H: Healthy Pullback or the Start of a Larger Reversal?
⏰ Timeframe: 4H (Analysis based only on the uploaded chart.)
📊 Market Bias: Moderately Bullish
The broader 4H trend remains constructive. Price is trading above the MA(99), while the recent rejection from the 95–96 region appears to be a pullback after an impulsive rally rather than a confirmed trend reversal. Bulls now need to defend the 90–91 demand zone.
🎯 Trade Setup
Setup: WAIT (prefer confirmation over chasing price)
Entry Zone:
90.5 – 91.5 on bullish confirmation
Alternative: Break-and-close above 95 before momentum entry
Stop Loss:
Below 88.5
Targets:
🎯 TP1: 94.5
🎯 TP2: 96.8
🎯 TP3: 99.2 (previous swing high)
Estimated Risk:Reward:
Approximately 1:2.8
Trade Invalidation:
A decisive 4H close below 88.5 would invalidate the bullish continuation thesis and increase the probability of a move toward the MA(99).
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