AAVE has pulled back sharply from the recent spike near $327 and is now retesting the highlighted support zone around $312–305. This area is critical since it served as a strong breakout base earlier.
Below current price, the next support levels line up at $295, $264, and $250 — each representing deeper demand zones. A decisive breakdown of $305 could shift momentum back toward the broader downtrend, while a successful defense here may fuel another leg higher.
The Stoch RSI is entering oversold territory, hinting at possible relief. However, price structure will ultimately dictate direction — a clean reclaim and higher low formation could favor bulls, while sustained weakness risks continuation to the downside.
Traders should watch the $305 zone closely for confirmation.
Below current price, the next support levels line up at $295, $264, and $250 — each representing deeper demand zones. A decisive breakdown of $305 could shift momentum back toward the broader downtrend, while a successful defense here may fuel another leg higher.
The Stoch RSI is entering oversold territory, hinting at possible relief. However, price structure will ultimately dictate direction — a clean reclaim and higher low formation could favor bulls, while sustained weakness risks continuation to the downside.
Traders should watch the $305 zone closely for confirmation.
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Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.