🚨 $AAVE /USDT is approaching critical levels — bullish momentum is building! 🚨

$AAVE /USDT is trading at $353.41, up 4.01% today. The pair is nearing its 24-hour high of $357.56, indicating potential breakout if bullish momentum persists.

$AAVE

QTUM
Created with Highcharts 9.1.1
249.9
+1.44%

Key levels to watch

Resistance:

$357.50 — immediate resistance; a breakout above this level could trigger a move to higher levels.

$365.00 — critical resistance zone for sustained bullish momentum.

Support:

$346.80 — key support; holding this level is vital for bulls to maintain control.

$340.00 — strong support zone; a breakout below may signal bearish pressure.

Trading setup

Entry for long position: above $357.60

Targets:

1. $365.00

2. $375.00

Stop-loss: below $350.00

Entry for short position: below $346.80

Targets:

1. $340.00

2. $332.00

Stop-loss: above $350.00

Market overview

With an RSI of 66.94, AAVE is approaching overbought territory, indicating strong buying interest, but a possible pullback if resistance holds. MACD is turning bullish, supporting the upward movement.

#AAVE