$AAVE /USDT Technical Analysis 🚀
The current price of AAVE/USDT is 349.99, showing a promising uptrend. Let's dive into the key technical levels and potential targets 🎯:
1. First Target: 352.50
We’re eyeing a short-term move towards 352.50. This level is a strong resistance point from the recent price action. If we break above it, we could see further bullish momentum.
2. Second Target: 355.00
If AAVE continues its upward trajectory, 355.00 becomes a key resistance. This level is where price action could face some turbulence, but a breakout here could signal a stronger uptrend.
3. Third Target: 360.00
360.00 represents a significant resistance zone that could be the next major milestone. Watch for potential consolidation or breakout above this level, as it would indicate a strong continuation of the bullish trend.
🔍 Key Observations:
The price has recently surpassed the 24h High of 353.54, showing bullish momentum.
Support Level: Around 298.12, a strong foundation in case of a pullback.
📊 Volume Analysis:
Volume on AAVE is currently high, with 575,591.80 AAVE traded in the last 24 hours, suggesting a strong buyer presence.
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