"AAVE Analysis: Support, Resistance and Upside Potential to 337 
2025-01-12
Category: None



The 279.01 level is acting as strong support, while 273.29 could also be relevant, providing an additional floor if the price continues to decline.

Immediate resistance lies at 292.67, which was recently tested, with possible stronger resistance around 306.42 and 300.80, where the price could face increased selling pressure.

The Stochastic RSI is pointing to a possible trend reversal, suggesting that there is good upside potential if the price sustains above the support and breaks the mentioned resistance.

Based on the movement pattern and the moving average crossover setup, it is possible that AAVE could reach the 337.00 target by tomorrow evening or at the latest by Monday.

This is a favorable scenario for purchase operations, but it is important to always maintain risk control and use stop-loss if the market does not behave as expected.