$AAVE Support Rebound Setup
Entry Zone: 128.00–131.00
Stop Loss: 123.50
TP1: 134.50
TP2: 141.17
TP3: 145.00
Market Analysis:
AAVE is showing signs of a potential bullish recovery after bouncing from its recent low near 115.23. The 1H chart indicates that buyers are defending the 124.00–128.00 support zone, allowing price to recover toward 131.61.
The immediate resistance stands at 134.50, where sellers could attempt to slow the current recovery. A successful breakout above this level could open the path toward the major resistance at 141.17.
The 124.00–128.00 support region remains crucial. If buyers continue to defend this zone, the current recovery structure could remain intact and provide another opportunity for upward momentum.
Confirmation: A strong 1H candle close above 134.50 would strengthen the bullish outlook and increase the probability of a move toward 141.17.
Invalidation: A breakdown below 124.00 would weaken the recovery setup and expose the market to further downside.
Patience is important. Wait for a confirmed breakout or a controlled pullback before considering an entry.
Risk management is essential. This is a technical setup, not a guaranteed outcome.
Entry Zone: 128.00–131.00
Stop Loss: 123.50
TP1: 134.50
TP2: 141.17
TP3: 145.00
Market Analysis:
AAVE is showing signs of a potential bullish recovery after bouncing from its recent low near 115.23. The 1H chart indicates that buyers are defending the 124.00–128.00 support zone, allowing price to recover toward 131.61.
The immediate resistance stands at 134.50, where sellers could attempt to slow the current recovery. A successful breakout above this level could open the path toward the major resistance at 141.17.
The 124.00–128.00 support region remains crucial. If buyers continue to defend this zone, the current recovery structure could remain intact and provide another opportunity for upward momentum.
Confirmation: A strong 1H candle close above 134.50 would strengthen the bullish outlook and increase the probability of a move toward 141.17.
Invalidation: A breakdown below 124.00 would weaken the recovery setup and expose the market to further downside.
Patience is important. Wait for a confirmed breakout or a controlled pullback before considering an entry.
Risk management is essential. This is a technical setup, not a guaranteed outcome.
