$AAVE has recently exhibited a robust price increase of 3.747% within the last 24 hours, reflecting an ongoing uptrend. The asset's recent high of 222.8 is nearing the upper Bollinger Band at 218.38, suggesting potential resistance and volatility ahead. Support remains solid at 186.36, indicating a strong downside buffer. Currently, Bitcoin's influence is undefined, possibly allowing altcoins like AAVE to operate more independently. With macroeconomic factors such as lower inflation pushing risk appetite higher, traders may benefit from a short-term trading strategy to capitalize on price fluctuations. The takeaway: monitor the resistance level closely as it may indicate future volatility patterns.
