Binance Technical Analysis: $AAVE
/USDT – Key Levels to Watch 🎯
The AAVE/USDT pair has been showing bullish movement in the market with a recent uptick to $374.11. As we move forward, here are three key price targets to watch for in the short term:
1. Target 1: $380
AAVE is approaching the 24-hour high of $380.46. If the price breaks this level, we could see further upward momentum toward the next resistance.
2. Target 2: $395
The next major resistance is around the $395 level. A strong bullish push past $380 could push AAVE towards this target, marking a more significant rally.
3. Target 3: $400
A breakout above $395 could lead the price towards $400. This would mark a psychological barrier and a critical point for traders to watch for potential price action.
Key Support Level:
$356 is the crucial support. A strong hold above this level suggests a continuation of the upward trend.
Keep an eye on these levels as AAVE/USDT continues its bullish journey. Happy trading!
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