$AAVE Hits Key Demand 12% Bounce in Play?

$AAVE 4H Analysis From Uptrend to Downtrend, but Support Holds....

$AAVE moved in a strong uptrend from $225 to a peak of $335.86 before entering a consistent downtrend. After failing to hold above $307.86, price dropped sharply, eventually landing in the key demand zone near $255.

Currently trading at $257.63, AAVE is attempting a recovery with a potential 12% upside back toward $285–$290. This bounce is happening off a well-defined support range that previously acted as a springboard.

Key Levels to Watch:

Support: $250–$255

Resistance Zones: $285 (short-term), $307.86 (major)

Bounce Target: +12% move if support holds

Conclusion:

AAVE is trying to reverse its downtrend with a technical rebound from a strong demand zone. Holding above $255 could invite bullish momentum, but rejection below $250 would signal further downside. Eyes on volume and breakout confirmation.