$AAVE Technical Analysis: Massive Volatility Unfolding..
$AAVE is witnessing significant action, currently trading at $323.13 after bouncing sharply from a low of $308.19. The 15-minute chart reveals a strong bullish momentum, breaking past the $318.93 resistance with high trading volume. Traders are watching closely as AAVE approaches a critical resistance level at $324.69, which, if breached, could ignite an explosive rally toward $335.50 and potentially higher. Bulls appear firmly in control, but caution is advised near the resistance zone.
Key Levels for Traders:
Entry Price: $323.13
Targets:
1. $328.50
2. $335.50
Stop-loss: $318.00
If $AAVE fails to hold above $318.93, a pullback toward $313.16 could occur, offering re-entry opportunities. However, a confirmed breakout above $324.69 could signal the start of a powerful upward surge. Monitor closely for volume spikes and trade accordingly!
