AAVE prices trade above $ 166 after the release of a multi-month downtrend. The recent price action has drawn the merchants' attention, but the question remains: Is this the start of a new rally, or another i -Pause before going down?
Let's split the chart and see if it makes sense to throw $ 1,000 in AAVE today.
An AAVE price destroys the downtrend, but the resistance resistance
Since early January 2025, the AAVE price has been stuck under a downward trend that refuses each major rally. This trend has acted as a ceiling, with many failed breakout attempts throughout February and March.
That changed in early April. The AAVE price has finally broke through the racing near the $ 140- $ 150 level, which drives higher in convincing. After the breakout, the price was combined and then moved upward again, proving a movement in emotion. It is now trading around $ 166, approximately 18% above the breakout zone.
However, the main objection remains at $ 190- $ 200, a zone that refused price action twice earlier in the year. Until AAVE can close the level with a strong volume, too early to confirm a long -term recurrence.
Consumers defend zone support as higher lows form
Below the surface, the structure improves. The AAVE price has repeatedly bounced from the $ 110- $ 120 range, which has served as a solid support base since mid-March. That area also matches the accumulation zones from the previous stages of integration -together, giving it technical strength.
Since the final low close to $ 110, price action has moved. AAVE prices are now developing higher lows and is driving above former resistance levels. The emerging structure of this bullish suggests the token can enter a new upward cycle if it can be damaged on the next wall.
The $ 150- $ 160 range now acts as a soft floor, while a move that has passed $ 200 will remove the path to targets such as $ 240 and $ 270.
So, should you invest $ 1,000 in AAVE?
AAVE price shows signs of bullish momentumBut it's not in full breakout mode. The downward trend is broken, and the higher lows suggest a modified strength. However, the $ 190- $ 200 resistance of the zone stands in the manner of a clear -up -to -date.
If AAVE can close the upper range with volume support, it can climb towards $ 240 and more. But if the rally stall below $ 190 again, a pullback towards $ 150 or even the $ 130 zone stays on the table.
So far, the purchase of AAVE has brought upside down potential, but it includes the risk of another retest.
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