📊 AAVEUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 122
• Support: 96.73
• Resistance: 145.35
• Current Price: 139.05
📈 Strategy:
Price is trading in a premium zone above the 20 SMA (122), indicating strong bullish momentum. However, with the current price near the 4H high resistance at 145.35, there is a risk of a reversal or pullback. The calculated setup suggests a short entry at 139.05 with a stop loss at 134.88 and a take profit at 145.31, offering a 1:1.5 risk/reward. A break above 145.35 could confirm further upside, while failure to hold above 134.88 would invalidate the bullish bias.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 122
• Support: 96.73
• Resistance: 145.35
• Current Price: 139.05
📈 Strategy:
Price is trading in a premium zone above the 20 SMA (122), indicating strong bullish momentum. However, with the current price near the 4H high resistance at 145.35, there is a risk of a reversal or pullback. The calculated setup suggests a short entry at 139.05 with a stop loss at 134.88 and a take profit at 145.31, offering a 1:1.5 risk/reward. A break above 145.35 could confirm further upside, while failure to hold above 134.88 would invalidate the bullish bias.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇