$AAVE is currently facing resistance around the $156.00 level after a strong move up. The price has attempted to break through this resistance but has pulled back slightly to consolidate. If the resistance holds, there might be further consolidation before the next move. A break above this level could lead to further bullish momentum.
đ Bullish outlook:
A break above $156.00 could target $160.00 and potentially $168.00.
If $AAVE holds above the $148.00 support, this suggests continuation of bullish momentum.
đ Bearish outlook:
A rejection at $156.00 and a break below $148.00 could send the price lower, with $144.00 and $140.00 as the next support levels to watch.
