Watching $AAVE for a potential breakout from its current range
As long as $AAVE stays above the support level of 77.50, it looks primed for a leg up towards the resistance at 102.22, given the current market structure and rising volume
SMA7 is above SMA25, close is above both SMAs, volume is increasing over the last 5 bars
A daily close under 77.50 would invalidate this long setup
Are you positioning for a breakout in $AAVE or waiting for a clearer trend?
As long as $AAVE stays above the support level of 77.50, it looks primed for a leg up towards the resistance at 102.22, given the current market structure and rising volume
SMA7 is above SMA25, close is above both SMAs, volume is increasing over the last 5 bars
A daily close under 77.50 would invalidate this long setup
Are you positioning for a breakout in $AAVE or waiting for a clearer trend?