AAVE USD Technical Analysis: Massive Volatility Unfolds..

$ AAVE is seeing a big move, currently trading at $323.13 after bouncing sharply from a low of $308.19. The 15-minute chart shows strong bullish momentum, clearing the $318.93 resistance level with high volume. Traders are closely watching AAVE approaching the critical $324.69 resistance level, which, if broken, could spark a massive rally towards $335.50 and possibly higher. The bulls appear to be in strong control, but caution is advised near the resistance area.

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 towards $313.16 could occur, providing opportunities for a re-entry. However, a confirmed breakout above $324.69 could signal the start of a strong bullish rally. Keep a close eye on volume spikes and trade accordingly!

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