$AAVE is currently trading at $370.78. In recent trading, it tested a 24-hour high of $376.56 before rebounding from a low of $356.10, but then fell slightly, down -0.30%. Judging from the current price trend, bulls and bears are in a fierce confrontation and game. AAVE faces a very critical resistance level near $375.81, and it is difficult to successfully break through this level. Although buyers have shown a certain degree of tenacity and endurance, if trading volume cannot be maintained, AAVE may find it difficult to continue its upward trend and momentum.
If AAVE can successfully break through the resistance level of $375, its next upward target price may be $380, and it may even extend further to $385, and when these target prices are reached, it is very likely to trigger profit-taking. On the downside, AAVE has an immediate support level of $368.93, and once it falls below this support level, it is likely to retest $362.04. When the price breaks through the $375 resistance level, it will create a good opportunity for longs to enter the market; if the price pulls back after breaking through this level, it may provide a suitable trading opportunity for short-term shorts.
