AAVE Approaches Key Resistance as SuperTrend Buy Signal Suggests Potential for Significant Price Movement

Key Points

1. AAVE’s SuperTrend buy signal at $160–$170 resembles past rallies of 867% and 551%, indicating potential for significant price increases.

2. Clearing the $320 resistance could target $340–$360, while support is at $260 and $240.

3. RSI at 59.70 and bullish MACD crossover signal strengthening buyer momentum.

4. Volume has risen to 43.71K, slightly above recent averages, indicating renewed market interest.

5. Failure to clear $320 may lead to a pullback toward $280 or $260.