AAVE / USDT 4H Setup: Approaching Major Demand & Testing Support! 📊
​Hey Binance Square family! Let’s analyze the latest price action on the AAVE / USDT 4-Hour chart. AAVE is currently trading around $129.51, holding steady with a slight +0.27% gain as it tests crucial structural levels.
​Here is the complete technical breakdown and trade setup for the upcoming sessions:
​📉 Technical Analysis Breakdown
​Market Context: After experiencing a corrective pullback from previous highs, AAVE is pressing downward toward established institutional support zones.
​Price Action Structure: The chart highlights a key higher-timeframe demand block down below (~$89.91 range), where buyers are anticipated to step in and defend the trend.
​🎯 Trade Setup Parameters
​Asset / Pair: AAVE / USDT (Binance 4H Chart)
​Position Type: Long 🟢 (Anticipating a rebound from support)
​Entry Zone: ~$120.00 – $134.00 (Accumulating inside or near the major demand block areas shown on the chart)
​Stop-Loss (SL): $140.70 (Managed according to the short/risk box parameters displayed or placed safely below structural demand)
​📈 Take-Profit (TP) Targets
​Target 1: ~$110.00
​Target 2: ~$90.00+
​🤔 What do you think, Binance Square?
​Will AAVE hold these key support zones and initiate a strong recovery rally, or are we heading toward deeper downside levels first?
​Drop your thoughts and targets in the comments below! 👇💬
$AAVE

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