$AAVE Showing Bullish Momentum After Testing Lows
Hey everyone,
Let's take a look at the $AAVE chart! The current price of Aave is at $169.42, showing a positive increase of +2.18% today.
Looking at the last 24 hours, AAVE ranged from a Low of $155.43 to a High of $169.81. The 24h Volume stands at 153,407.55 AAVE, which is equivalent to 24.94M in USDT.
The chart shows a significant bounce back from the 24-hour low. We can see a series of strong green candles forming, indicating strong buying pressure and upward momentum. The price is currently trading just below the 24-hour high, suggesting it might be testing this resistance level.
Traders will be watching to see if AAVE can break above the $169.81 resistance. If it does, we might see further bullish movement. On the downside, the $155.43 level remains a key support to monitor.
Key points to observe:
Resistance: The 24-hour high of $169.81 is the immediate resistance to watch. Breaking this could open the way for further gains.
Support: The 24-hour low of $155.43 is the key support level.
Momentum: The current momentum is clearly bullish after the bounce from the low.
What are your thoughts on Aave's current surge? Do you anticipate it will break the recent high, or will we see some resistance and potential pullback? Share your analysis!
