📊 AAVE just broke past the $230 resistance, flipping it into support and confirming a bullish market structure. The breakout over the March high of $185, backed by strong volume, hints at more upside.
📦 OBV is pushing against its March highs, showing that demand is fueling this rally. As long as OBV continues to climb, AAVE could maintain bullish momentum.
🧩 Fibonacci levels from the 2024 highs show that $230, $250, $262, and $284 are key resistance zones. Right now, AAVE is eyeing the liquidity pocket around $246, which could act as a magnet for price.
⚠️ However, the $250 level has been tough to crack—price might range or face a brief rejection here. Still, with BTC showing strength, AAVE could ride the momentum and push through.
🔍 Keep a close watch on the OBV. If it flattens or dips, it may signal waning demand before the next leg up. But if it climbs, $262 could be just the beginning.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Top comments (0)