$AAVE $AAVE
#aave/usdt : What's Next?
💥AAVE has shown impressive performance with a 11.76% surge, trading at $231.96. This rally positions AAVE as a strong contender in the DeFi space, reflecting renewed investor confidence.
The 24-hour high of $237.76 now acts as a critical resistance level. A break above this could propel AAVE toward the $245–$250 range, bolstered by strong trading volume.
Potential Pullback💰#Potential
Despite the bullish trend, a minor correction is possible. Key support levels at $226.11 and $214.54 may provide opportunities for accumulation.
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1. Bullish Case: If AAVE breaks and sustains above $237.76, expect a rally toward $250, driven by increased DeFi adoption.
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2. Bearish Case: A decline below $214.54 could lead to a pullback toward $202.73, where significant support lies.
Investors should monitor trading volume and macro trends in DeFi. AAVE’s strong fundamentals and technical indicators suggest an upward trajectory, but caution is warranted near resistance levels.
