๐Ÿ”ฅ $AAVE 1H Analysis: Healthy Pullback or Launchpad for the Next Move Higher?

โฐ Timeframe Analyzed: 1 Hour (1H) Only
๐Ÿ“Š Market Bias: Bullish
AAVE maintains a bullish 1H structure after printing a strong impulsive move from 85.89 toward 98.33. The current price action looks like a consolidation phase above the rising MA99, while buyers continue defending higher lows.

๐ŸŽฏ Trade Setup
๐ŸŸข LONG Setup (Preferred)
Entry Zone: 94.80 โ€“ 95.50
Stop Loss: 92.90
๐ŸŽฏ Targets:
TP1: 96.80
TP2: 98.33
TP3: 100.50
Risk : Reward: 1:2.0 โ†’ 1:4.0
Trade Invalidation:
A confirmed hourly close below 92.90 weakens the bullish structure and invalidates the setup.

๐Ÿ”ด SHORT Setup (Only if Support Fails)
Entry Trigger: Hourly close below 92.90
Targets:
TP1: 91.45
TP2: 90.00
TP3: 88.00
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