$AAVE is showing strong upward momentum, trading above key resistance levels and moving averages. However, given the market’s volatility, short-term price corrections remain possible.
Support and Resistance Levels
Based on the chart, here are the potential support and resistance levels:
Support:
143.72: This level has historically provided support and may serve as a floor if the price dips.
133.89: A lower support level that may become relevant if the price declines further.
Resistance:
162.94: This level has previously acted as resistance and may cap further upward movement.
161.39: Near the current price level, this may act as resistance if the price attempts to push higher.