$AAVE

/USDT Technical Analysis Report

AAVE is currently trading at $301.17, showing a slight pullback of -2.29% in the last 24 hours after reaching a high of $318.17. Despite this short-term dip, the price is holding above the key support zone of $292.95, which suggests that buyers are still present in the market. The recent high volume near the top and the strong wick rejection from the low signals that a potential bounce could be forming. This dip may serve as a good re-entry point for those looking to ride the next upward move.

For short-term traders, if AAVE holds above the $295–$300 zone, a bounce toward $315–$320 is likely. A breakout above $320 could trigger bullish momentum toward $335+, offering strong upside potential. However, caution is advised below $292, which may open the door for further correction. Overall, AAVE remains technically healthy and attractive for both spot buyers and futures traders planning smart entries on support.