๐ Analysis:
Reclaiming Previous Range: AAVE is showing signs of reclaiming its previous range, signaling potential upward movement.
Buy Zone: Look for a retest of resistance turned support in the Buy Zone between $115 and $125.
Higher Low Setup: Establishing a higher low can indicate trend continuation to the upside.
Take Profit Strategy: Consider taking profits at the next resistance areas around $150 or $220.
Stop Loss: Set a stop loss under the $104 level for risk management.
๐ Note: Stay informed about broader market conditions and any news/events that may affect AAVE.
Reclaiming Previous Range: AAVE is showing signs of reclaiming its previous range, signaling potential upward movement.
Buy Zone: Look for a retest of resistance turned support in the Buy Zone between $115 and $125.
Higher Low Setup: Establishing a higher low can indicate trend continuation to the upside.
Take Profit Strategy: Consider taking profits at the next resistance areas around $150 or $220.
Stop Loss: Set a stop loss under the $104 level for risk management.
๐ Note: Stay informed about broader market conditions and any news/events that may affect AAVE.
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