$AAVE
Technical Update – 1H Timeframe
Current Price: $124.31
24H High: $126.93
24H Low: $119.94
On the 1H chart, $AAVE is trading above the short-term moving averages but still facing pressure near the MA(99) around the $125 zone.
🔎 Structure Breakdown:
• Strong bounce from $119.94 low
• Rejection near $126.93 (intraday resistance)
• Currently consolidating around $124 area
• Volume showing spikes on upside moves
📌 Key Levels to Watch:
Support: $122.50 – $119.90
Resistance: $126.90 – $128.00
If bulls reclaim and hold above $127, we could see continuation toward $130+.
Failure to hold $122 may bring a liquidity sweep toward $120 again.
Momentum is neutral-to-slightly bullish but needs confirmation with strong volume.
⚠️ Trade smart. Manage risk. Avoid over-leverage in consolidation zones.