$AAVE Signal】Pullback to add longs + 4H breakout confirmation



$AAVE The 1H timeframe is in a healthy pullback after a strong rally, with the price oscillating around 120.6, supported by the 1H EMA20 (120.08). On the 4H timeframe, a large bullish candle broke through the previous consolidation zone, currently pulling back for confirmation, with the structure intact. Open interest remains stable, and the funding rate is healthy. This is a typical pullback after a breakout, presenting a second opportunity for bulls to enter.

🎯Direction: Long (Long)

⚡Entry/Order: 117.68 - 120.64 (entering in batches, prioritizing near the lower boundary of the zone)

🛑Stop Loss: 115.50 (below the 4H breakout candle low and EMA50 support)

🚀Target 1: 125.80 (previous high resistance zone)

🚀Target 2: 130.00 (4H previous high and psychological level)

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss to the entry price. If the price strongly breaks above 125.8 and stabilizes, move the remaining stop loss to 122.5 to aim for Target 2.

(Depth Logic: The 4H timeframe shows volume breakout with active buying. The RSI on the 1H (55.76) has fallen from overbought into a healthy zone, preparing for another upward move. The order book depth around 120.5 shows significant accumulation (444.8 AAVE), forming short-term support. It is recommended to buy on dips within the suggested entry zone in batches, avoiding chasing highs. )

Check real-time market 👇 $AAVE

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