🚀 $AAVE – Eyeing a Breakout! 📈
$AAVE is trading at 349.56 (+1.01%) after bouncing from the 346.16 low and retesting the upper trendline near 385.99. Price is holding above strong EMAs (EMA7 at 328.20 & EMA25 at 306.12), keeping the bullish structure intact.
🔑 Key Levels:
- Support: 346 – 328
- Resistance: 385 – 396
- Breakout Confirmation: Closing above 386 could trigger a continuation toward 396+.
🎯 Targets:
- TP1: 365 → +4.43%
- TP2: 385 → +10.12%
- TP3: 396 → +13.26%
⛔ Stop Loss: 328
📊 Market Insights:
Volume at 367.26K AAVE shows strong market activity. Bulls are defending higher lows, and a breakout above 386 could pave the way to test the upper channel near 396.