$AAVE /USDT Technical Analysis โ Poised for a Breakout at $313.70! ๐
AAVE is currently trading at $314.40, maintaining strength near critical levels. Momentum is building โ but will buyers push the price higher, or will resistance hold firm?
๐ธ Resistance Levels:
$320.00: Immediate hurdle. A breakout here could open the door to $335.00.
$350.00: Key psychological target and major resistance for bullish momentum.
๐ธ Support Levels:
$305.00: First line of support. Staying above this level supports the bullish structure.
$295.00: Strong demand zone and a potential area for a bounce.
๐ก Trade Setup:
Bullish Play: Enter on a break and hold above $320.00, aiming for targets at $335.00-$350.00. Use a stop-loss at $308.00.
Bearish Play: Short rejections near $320.00, targeting $305.00-$295.00. Set a stop-loss at $325.00.
AAVE is consolidating at a critical juncture โ is a significant breakout on the horizon? ๐ Watch key levels for potential opportunities!
