$AAVE Key Resistance Test – Bullish or Bearish?
Price: $323.39 (up 3.30%)
AAVE is showing strong upward movement but is nearing a critical resistance level. The next move will determine if the rally will continue or face a pullback.
Key Levels to Watch
• Resistance: $323.80 - A breakout above this level could drive AAVE towards $330.00 and potentially $335.00.
• Support: $322.00 - A failure to hold this level could send AAVE down to test $317.00 and $312.00.
Trade Setup
• Bullish Entry: Confirmed break above $323.80:
• Tip 1: $330.00
• Tip 2: $335.00
• Bearish Entry: A break below $322.00 could target:
• Tip 1: $317.00
• Tip 2: $312.00
Monitor the price action and make sure to set up stop-loss and take-profit points accordingly.