Yigit Taha OZTURK 
AAVE has experienced a significant rise after bouncing off the $166 support level on the daily chart. However, it is now testing a critical resistance zone within the FVG (Fair Value Gap) region, specifically the $230 level. This resistance is crucial for determining the next phase of AAVE’s price movement. If daily closures occur above the $230 level, the next resistance target would be $278, which could open the path for further gains.
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If AAVE fails to break through the $230 resistance, the nearest support level would be the upward FVG region below, which could provide potential buying opportunities. This area is important to monitor as it will dictate whether AAVE will experience another leg higher or face a price pullback.
The future movement of AAVE will largely depend on how the price interacts with these critical levels. A closure above $230 would likely signal further bullish momentum, while rejection at this resistance could lead to more volatility in the market.
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