$AAVE is attempting a comeback, breaking out of a recent downtrend.
The bulls seem to be gaining some momentum, but the path ahead isn't entirely clear. Keep a close watch on the $170 level – a break above it could signal further upward movement. Conversely, if selling pressure returns, the $150-$155 range will be crucial to hold.
The performance of the broader crypto market, particularly the DeFi space, will likely be a significant factor in $AAVE 's next move.
We could see a sustained recovery, or the price might stall and trade sideways as the market digests the recent activity.