AAVE/USDT Technical Analysis šŸŽÆ

Current Price: $164.90

Targets:

$AAVE

AAVE

163.53

-4.15%

1. Target 1: $173.50

This is a key resistance level formed by the recent high. A break above it could signal bullish momentum.$AAVE

2. Target 2: $180.00

If the momentum continues, $180 is the next psychological barrier, aligning with previous price action support turned resistance.

3. Target 3: $150.00 (Downside)

In the case of a pullback, $150 serves as the major support level to watch. A breakdown below this could lead to more selling pressure.

Technical Signals:

RSI: Approaching overbought levels; be cautious of a potential reversal.

Support Level: $164.00

Trade wisely and stay updated for more technical insights!