$AAVE Signal】Long - 1H breakout retest confirmation, obvious signs of main force supporting the market



$AAVE The 1H timeframe has completed a retest confirmation above EMA20 (113.7). The current price is steady at 115.8, testing the 4H EMA50 (115.6) resistance. Although the 4H is generally in consolidation, the 1H momentum has shifted upward, and open interest (OI) remains stable. There was no panic selling during the price decline, indicating clear support from the main force. The order book depth imbalance (-12.64%) shows limited selling pressure, building up for an upward breakout.

🎯Direction: Long (Long)

⚡Entry/Order: 115.18 - 115.76

🛑Stop Loss: 112.50

🚀Target 1: 118.50

🚀Target 2: 121.00

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry level at 115.18. Trail the remaining position for profit-taking. If the 1H close drops below EMA20 (113.7), exit all positions.

(Depth Logic: The 1H RSI (59.33) is healthy and trending upward, moving away from oversold territory. The buying volume in the last few 1H candles has been sustained, with the latest candle closing at a high level, indicating a return of bullish strength. The 4H is oscillating in the 112-116 range for some time, and stable OI suggests accumulation rather than distribution. Combined with sparse sell orders in the order book, a breakout above 116.5 resistance could accelerate upward. )

View real-time market 👇 $AAVE

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