🚀 AAVE/USDT: Moment of truth at key support!
After a confident impulsive rise, the price $AAVE on the 15-minute chart faced a sharp pullback. The asset is currently trading around 120.54 USDT — right in the key support zone between EMA50 (121.20) and EMA99 (119.60).
Such areas often serve as a point of trend continuation after an impulse. The main question arises: will we get a rebound or will the market continue to decline?
📊 Indicators (briefly)
• MACD: bearish (DIF 0.28 / DEA 0.51 / –0.23), but selling pressure is weakening.
• RSI(6): 28.01 — extreme oversold condition.
• StochRSI: 1.30 — almost at the minimum.
• RSI(14): 40.85 — potential reversal zone.
💡 Conclusion: the combination of oversold conditions and EMA support increases the likelihood of a technical rebound.
📈 Trading plan (main scenario — LONG)
Entry points:
• Aggressively: 120.40 – 120.70
• Conservatively: consolidation above 121.00 (above EMA50)
Stop-loss:
117.40 — below EMA99 and the local minimum.
🎯 Targets
1️⃣ 121.80 (+1.05%) — return to EMA21
2️⃣ 123.36 (+2.35%) — nearest resistance
3️⃣ 124.85 (+3.60%) — possible update of the local maximum
📊 Volume over the last 24 hours is high (~830k AAVE), confirming market participants' interest.
Trading 👉$AAVE
After a confident impulsive rise, the price $AAVE on the 15-minute chart faced a sharp pullback. The asset is currently trading around 120.54 USDT — right in the key support zone between EMA50 (121.20) and EMA99 (119.60).
Such areas often serve as a point of trend continuation after an impulse. The main question arises: will we get a rebound or will the market continue to decline?
📊 Indicators (briefly)
• MACD: bearish (DIF 0.28 / DEA 0.51 / –0.23), but selling pressure is weakening.
• RSI(6): 28.01 — extreme oversold condition.
• StochRSI: 1.30 — almost at the minimum.
• RSI(14): 40.85 — potential reversal zone.
💡 Conclusion: the combination of oversold conditions and EMA support increases the likelihood of a technical rebound.
📈 Trading plan (main scenario — LONG)
Entry points:
• Aggressively: 120.40 – 120.70
• Conservatively: consolidation above 121.00 (above EMA50)
Stop-loss:
117.40 — below EMA99 and the local minimum.
🎯 Targets
1️⃣ 121.80 (+1.05%) — return to EMA21
2️⃣ 123.36 (+2.35%) — nearest resistance
3️⃣ 124.85 (+3.60%) — possible update of the local maximum
📊 Volume over the last 24 hours is high (~830k AAVE), confirming market participants' interest.
Trading 👉$AAVE