AAVE/USDT Trade Plan.

$AAVE ‌
Current Price: $97.88 (+9.90% on the day)
Timeframe: 1H chart |
Bollinger Bands (20,2)
Upper: 98.30 | Mid: 95.41 | Lower: 92.53
Price is pressing against the upper band — strong momentum but getting stretched
SuperTrend (10,3): 91.34
Price is well above SuperTrend — firmly in bullish territory
SuperTrend is rising, confirming trend strength
MACD (12,26,9)
MACD: -0.12 | DIF: 2.21 | DEA: 2.33
Histogram is slightly negative — DIF crossing below DEA
This is a bearish warning signal despite the strong price action — momentum may be fading
RSI
RSI(6): 68.02 | RSI(12): 65.32 | RSI(24): 64.29
Approaching overbought territory (70) — especially RSI(6)
Not yet overbought but caution zone
🗺️ Trade Scenarios
Bullish Continuation (Long)
Entry: Pullback to 95.40–96.00 (BB midline retest)
Target 1: 99.63 (today's high / resistance)
Target 2: 102.47 (chart resistance above)
Stop Loss: 92.53 (BB Lower / key support)
Risk/Reward: ~1:2.5
Pullback/Short Setup
Entry: Rejection at/near 99.63 with bearish candle
Target 1: 95.41 (BB Mid)
Target 2: 92.53 (BB Lower)
Stop Loss: 101.50
Risk/Reward: ~1:2
⚠️ Key Warnings
+9.9% in 24h is a big move — chasing here is risky
MACD is showing early divergence/weakening — the histogram is turning red
Volume (9.91M USDT turnover) is solid but watch for exhaustion candles near 99.63
The 80.80 level was the swing low — that's your macro invalidation point
Best play: Wait for a healthy pullback to the 95–96 zone before entering long rather than buying the top
✅ Bias: Cautiously Bullish
Strong trend but overextended short-term. Let it breathe, buy the dip rather than chasing. The SuperTrend support at 91.34 is the big-picture safety net.
Technical analysis only — not financial advice. Manage your position size carefully given the volatility.