【$AAVE Signal】Pullback to Long! 1H pullback confirmation, 4H trendline support for rebound
$AAVE The 1H timeframe is currently pulling back to EMA20 and the upper boundary of the previous consolidation zone, forming a key support resonance. The 4H timeframe is holding above EMA50, and the overall structure is a healthy retracement after an upward oscillation, with the bullish pattern intact. The current price is declining but trading volume remains stable, indicating it’s not institutional dumping but rather a bull trap.
🎯Direction: Long (Long)
🎯Entry/Order: 123.50 - 123.70 (Reason: 1H EMA20 support + upper boundary of the 4H candlestick consolidation zone )
🛑Stop Loss: 122.30 (Reason: Break below 4H EMA50 and the previous 4H candlestick low )
🚀Target 1: 125.80 (Reason: 1H previous high resistance level )
🚀Target 2: 127.50 (Reason: 4H previous high and Fibonacci 0.786 extension level )
🛡️Trade Management:
- Position size suggestion: Light (Reason: 1H and 4H directions are not fully aligned, indicating a left-side game )
- Execution strategy: After entering, if the price quickly rises to Target 1, reduce position by 50% and move stop loss to entry price. Remaining position aims for Target 2. If the price hovers in the entry zone for more than 2 candles without rising, consider closing early.
Deep logic: Market depth shows buy orders significantly thicker than sell orders (bid_ask_ratio_depth: 1.29). There is heavy buy order accumulation in the 123.6-123.7 range, providing strong support. The 1H RSI (50.74) is in a neutral zone with room for an upward turn. The 4H candles have consecutive lower shadows, indicating resistance to decline. Combined with stable open interest, this is not panic selling but a low-entry opportunity.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$AAVE Signal】Pullback to Long! 1H pullback confirmation, 4H trendline support for rebound
$AAVE The 1H timeframe is currently pulling back to EMA20 and the upper boundary of the previous consolidation zone, forming a key support resonance. The 4H timeframe is holding above EMA50, and the overall structure is a healthy retracement after an upward oscillation, with the bullish pattern intact. The current price is declining but trading volume remains stable, indicating it’s not institutional dumping but rather a bull trap.
🎯Direction: Long (Long)
🎯Entry/Order: 123.50 - 123.70 (Reason: 1H EMA20 support + upper boundary of the 4H candlestick consolidation zone )
🛑Stop Loss: 122.30 (Reason: Break below 4H EMA50 and the previous 4H candlestick low )
🚀Target 1: 125.80 (Reason: 1H previous high resistance level )
🚀Target 2: 127.50 (Reason: 4H previous high and Fibonacci 0.786 extension level )
🛡️Trade Management:
- Position size suggestion: Light (Reason: 1H and 4H directions are not fully aligned, indicating a left-side game )
- Execution strategy: After entering, if the price quickly rises to Target 1, reduce position by 50% and move stop loss to entry price. Remaining position aims for Target 2. If the price hovers in the entry zone for more than 2 candles without rising, consider closing early.
Deep logic: Market depth shows buy orders significantly thicker than sell orders (bid_ask_ratio_depth: 1.29). There is heavy buy order accumulation in the 123.6-123.7 range, providing strong support. The 1H RSI (50.74) is in a neutral zone with room for an upward turn. The 4H candles have consecutive lower shadows, indicating resistance to decline. Combined with stable open interest, this is not panic selling but a low-entry opportunity.
View real-time market 👇 $AAVE
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包