Trend: Aave is also following an ascending channel, with the price approaching the lower support.
Support: The green support zone at 150–175 is key. A breakdown could lead to further downside.
Resistance: The resistance at 465–490 is the next major barrier.
Volume: Volume is gradually decreasing, which could signal a pause before a breakout or breakdown.
Price Action: Watch for price testing the lower support. A bounce could target the upper resistance levels, but if it breaks below the green zone, further declines could occur.
Support: The green support zone at 150–175 is key. A breakdown could lead to further downside.
Resistance: The resistance at 465–490 is the next major barrier.
Volume: Volume is gradually decreasing, which could signal a pause before a breakout or breakdown.
Price Action: Watch for price testing the lower support. A bounce could target the upper resistance levels, but if it breaks below the green zone, further declines could occur.
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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.
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.