AAVE/USDT – Short Technical Analysis (4H)
AAVE
174.38
-0.67%
AAVE is trading around 176, consolidating after a strong bullish move from the 160.8 low to a recent high near 180.4. Price remains above the 25-MA (≈171.8) and 99-MA (≈164.0), which keeps the medium-term trend bullish.
The 7-MA is flattening and price is moving sideways, indicating short-term consolidation. Volume has slightly decreased after the rally, suggesting cooling momentum rather than strong selling.
Key levels:
Resistance: 180–181
Support: 172–170 (stronger support near 165)
Outlook:
If AAVE holds above 172, a retest of 180+ is possible. A breakdown below 170 could trigger a deeper pullback toward 165. Overall bias remains cautiously bullish while above key moving averages.