The AAVE bull is awakening, and we're seeing a crucial sweep of the 85.5 level, which is a significant zone of interest for smart money. This is where the big players are likely to be lurking, waiting to push the price upwards. Technically speaking, we're looking at a bullish higher timeframe (HTF) structure, with the RSI sitting comfortably at 58, indicating that there's still room for growth. The order block at 88.09 is our entry point, and we're watching it closely for a potential breakout.
The volume is currently at 0.0x, which suggests that this move is still in its early stages, and we can expect a surge in buying pressure as more traders jump in. The SMC Score of 3.3/10 indicates that we're still in the early phases of this trend, and the OB+FVG Sandwich zone is providing a solid foundation for our long position.
Here are the trade levels:
- Entry: 88.0900
- Take Profit 1: 90.0171 (RR 5.1x)
- Take Profit 2: 92.9079 (RR 12.8x)
- Stop Loss: 87.7142
I'm long on AAVEUSDT, targeting 90.017, with a stop at 87.714. If you're following my signals, make sure to set your stops and take profits accordingly. Let's ride this wave and make some profits!
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