$AAVE Trading at $252.28 – Consolidating After Strong Push Higher
AAVE is currently trading at $252.28, having experienced a significant upward move and now consolidating at a higher level. The price is hovering around immediate resistance, and its ability to push higher will determine if the bullish momentum can continue or if a pullback is imminent.
Key Levels:
Resistance: $252.28 (immediate, current price and recent high), $253.00 (implied, next resistance)
Support: $251.87 (immediate, recent low), $250.00 (stronger, psychological support)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move above $252.28 could target:
Target 1: $253.00
Target 2: $254.00 (implied, based on extension)
Bearish Entry: A break below $251.87 could target:
Target 1: $250.00
Target 2: $248.00 (implied, previous consolidation low)
AAVE/USDT is at a pivotal moment. A decisive break and sustained move above $252.28 could signal further upside momentum, while a sustained slip below $251.87 might lead to a deeper retracement of its recent gains.