📌 Current Situation:
The price is trading within a local range, attempting to hold $192 as support.
The key resistance level at $203.97 needs to be broken for further upside potential.
🎯 Key Conditions for a Bullish Scenario:
1️⃣ Break and hold above $203.97 – first sign of strength.
2️⃣ $192 must hold as support after the breakout.
3️⃣ If the price stabilizes above $203.97, the probability of a more aggressive rally increases.
📈 Targets:
🔹 Short-term: $203.97
🔹 Mid-term: $230
🔹 Long-term: $284
💡 Conclusion:
If
AAVE holds $192 as support, it will establish a bullish structure, paving the way for a move towards $284. 🚀
The price is trading within a local range, attempting to hold $192 as support.
The key resistance level at $203.97 needs to be broken for further upside potential.
🎯 Key Conditions for a Bullish Scenario:
1️⃣ Break and hold above $203.97 – first sign of strength.
2️⃣ $192 must hold as support after the breakout.
3️⃣ If the price stabilizes above $203.97, the probability of a more aggressive rally increases.
📈 Targets:
🔹 Short-term: $203.97
🔹 Mid-term: $230
🔹 Long-term: $284
💡 Conclusion:
If
AAVE holds $192 as support, it will establish a bullish structure, paving the way for a move towards $284. 🚀
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.
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.