$AAVE

Daily Price Level Analysis and Bullish/Bearish Direction Forecast

Market Analysis

AAVE's current price is $330.49, up 9.56% for the day. After a series of pullbacks, the price formed support around $291.02 and rebounded, currently standing above the MA(7) moving average, indicating that short-term bullish strength is recovering. The MACD remains in the negative zone, but the downward momentum has weakened, suggesting the possibility of further rebounds in the short term.

Key Levels

• Support Levels: $310.00, $291.00

• Resistance Levels: $335.50, $355.00

Bullish/Bearish Direction Forecast

In the short term, if AAVE can break through the $335.50 resistance level, it is expected to further test the upward space at $355.00; if there is a pullback, attention should be paid to the support performance at the $310.00 level, as a drop below this level may lead to another adjustment towards $291.00.

Trading Suggestions

1. Long Position Strategy:

• Entry: Enter after stabilizing in the $315.00-$320.00 range

• Take Profit: $335.50, $355.00

• Stop Loss: $305.00

2. Short Position Strategy:

• Entry: Enter after being blocked in the $335.00-$340.00 range

• Take Profit: $310.00, $291.00

• Stop Loss: $345.00

Summary

AAVE's short-term trend is leaning bullish, but attention should be paid to the breakthrough situation at the $335.50 resistance level. It is recommended to trade in line with the trend, closely monitor key support and resistance areas, and adjust positions flexibly.