AAVE/USD – Recovery After Drop and Potential Upward Move
After a sharp decline, AAVE/USD is showing signs of recovery, bouncing from the 250.00 support zone. If the price holds above 262.55, a further move upward is likely.
Technical Analysis: • Key support: 250.00 – a level where buyers stepped in. • First resistance: 275.00 – initial target upon breakout. • Second resistance: 290.00 – next level to watch. • Expected scenario: If the price confirms a breakout above 262.55, we could see a move toward 275.00, with further potential toward 290.00 if momentum continues.
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