$AAVE Rejection or Reload? Critical Zone Test After Parabolic Rally!
$AAVE just surged to a daily high of $283.43, but bulls are now facing heat near $278, where profit-taking pressure is building. Price is trying to hold a key intraday level—but is this just a breather before liftoff, or is momentum starting to fade?
Key Levels to Watch:
• Immediate Resistance: $283 – Breaking above this may trigger a new wave toward $288 and $295.
• Support Zone 1: $276 – Holding this keeps the uptrend intact.
• Support Zone 2: $272 – Breakdown here could drag AAVE back to $268 or lower.
Trade Setup – Time to Stay Sharp
Bullish Entry
A clean move above $283 can open doors to:
• Target 1: $288
• Target 2: $295
Bearish Scenario
If $AAVE breaks below $276, look for a dip toward:
• Target 1: $272
• Target 2: $268
Volume is cooling off, hinting at indecision. A breakout or breakdown here could set the tone for the next big move. Watch closely.