Currency 💠 AAVE/USDT
📊 Current Technical Situation:
The price is at $212.96 after a clear drop from $217.93, with increasing selling pressure.
RSI at 18 indicates strong selling saturation, which means a potential rebound is near.
MACD is still negative, but is approaching a potential reversal zone.
The price is close to strong support at $211 – $210 (the area it previously bounced from).
📈 Suggested Trade: Long (Buy)
🏃 Entry Zone: Between $211 – $213
🎯 Targets:
💡 First Target: $216
🚀 Second Target: $220
🌕 Third Target: $224
🛑 Stop Loss: Below $209
📘 Note:
The price is in a strong support area with selling saturation indicators, making a bullish rebound likely in the short term. However, it is preferable to enter with measured amounts and wait for confirmation of a strong reversal candle before opening a full position.
