1-Week Timeframe
📈 AAVE/USD 1W Analysis: Parabolic Rally? 🔎
AAVE up +2.60% this week, trading at $348.34. RSI (~53.6) is neutral, with the 50-week MA ($202.27) acting as support. Volume: ~$3.76B over 7 days.
🔑 Key Levels:
Resistance: $470 (next Fib level).
Support: $260.75–$293.
📈 Forecast: Holding above $293 could push AAVE to $470 (+35%) in a week. A drop below $260.75 may test $234. DeFi dominance (24.5% TVL) and Fee Switch are bullish catalysts! 🚀