$AAVE $AAVE

🚀 AAVE/USD Analysis: Trading at $233.54 – Key Levels to Watch 🚀

AAVE is currently trading at $233.54, near key support and resistance zones that could shape its next move. The $220.00 support remains a solid floor, providing an ideal buying opportunity if the price retraces. A bounce here could set the stage for an upward rally. On the upside, $245.00 is the key resistance level to break. A move above this could spark a bullish surge toward $260.00.

📈 Entry Strategy:

For Buyers: Consider entering near $220.00 with a stop-loss just below support to manage risk effectively.

For Breakout Traders: Watch for a confirmed breakout above $245.00, signaling a move toward $260.00 and beyond.

💡 Technical Insights:

The RSI is neutral, suggesting room for price action in either direction.

The MACD is showing increasing bullish momentum, pointing to potential upward movement.

At $233.54, AAVE offers great opportunities for those looking to buy the dip or catch the breakout. Stay sharp and trade smart! 🚀📊

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