$AAVE AFTER A 19% EXPLOSION, IS AAVE COOLING OFF OR LOADING UP?
$AAVE is currently trading at $262.08, still up an impressive +18.89% on the day, but signs of exhaustion are appearing. After tagging a high of $270.43, price has pulled back and is now testing a critical short-term support zone.
Key Price Levels:
• Immediate Resistance Zones:
• $264.80 – $266.30
• $268.80 – $270.40 (24h high)
• Key Support Zone: $261.00 – $262.00
Trade Setup – Momentum Slowdown or Reload for Next Leg?
Bullish Scenario:
• Entry: Reclaim above $264.80
• TP1: $268.30
• TP2: $270.40
• Stop-Loss: Below $261.00
Bearish Pullback Setup:
• Entry: Break below $261.00
• TP1: $256.80
• TP2: $252.00
• Stop-Loss: Above $264.50
$AAVE surged hard but is now stalling under key resistance. If bulls defend the $261 support, the rally could continue toward $270+. A breakdown, however, could trigger a fast retracement. Stay sharp—volume and price reaction will reveal the next move.