๐ #AAVE/USDT Trade Setup: Navigating a Neutral Phase ๐
๐ Price in Uptrend, post-Falling Wedge breakout, hitting our $120 target (+20%). Now assessing a Neutral stance.
๐ Trend: Uptrend (ST, MT, LT)
๐ Momentum: Bullish but inflecting. MACD Line > Signal Line, RSI > 55. Watch for potential weakening momentum with declining MACD Histogram bars.
๐ Market Phase: Neutral - Await either 1) Break above $120 for uptrend continuation or 2) Pullback near $95 for swing entry.
๐ Supp/Res: $95 (Support), $80 (Support), $120 (Resistance), $130, $160.
๐จ Set alerts & manage risk!
๐ฏ Buy Signal: Break above $120 (Continuation) or Pullback near $95 (Swing entry)
๐ฏ Sell Targets: Assess based on market conditions
๐ Stop Loss: Adjust based on entry strategy
Stay vigilant! ๐ #TradingSetup #AaveProtocol #CryptoTrading $AAVE