AAVE Price Skyrockets: Break This Critical Resistance and Watch It Soar to $180

AAVE just staged a jaw-dropping recovery. The charts are screaming bullish—and one key level now stands between the token and a massive rally.

The Make-or-Break Line

All eyes are glued to a specific resistance zone. It's the last major hurdle on the daily chart. Flip that from a ceiling into a floor, and the path opens wide.

Fuel for the $180 Engine

The momentum is undeniable. This isn't a slow grind—it's a sharp, decisive move that's already cleared several minor barriers. The buying pressure suggests traders are positioning for the next leg up, betting the house on a classic breakout play. Forget the 'slow and steady' narrative; this is crypto, where fortunes are made in the violent swings that give traditional portfolio managers night sweats.

The Trade Setup Everyone's Watching

It's a simple, high-conviction setup. Hold above the critical level, and the measured move points directly toward the $180 target. A rejection here, however, would mean a retest of recent lows. The market's voting with its wallet, and right now, the bulls are winning.

One cynical finance jab: It's almost poetic—a decentralized protocol outperforming the very centralized banks that still think blockchain is a fancy Excel spreadsheet.

The stage is set. The resistance is defined. The target is $180. Now, we see if the breakout has the legs to run.

AAVE Finds Stability Near $146.5 Zone

Recently, crypto TXG highlighted that AAVE has made a sharp downward move as it could not maintain key support levels. As a result, the price fell below $180 and $166, causing further selling pressure.

However, the downtrend slowed when the price approached the zone of $146.5, where buyers managed to protect the level. Token later spent several days rising above the level before rebounding.

Following this rebound, Aave is now testing the resistance area around $166, a region that previously served as a support area. A decisive break above this region could provide a catalyst for a return towards the $180 region, a marked upside target.

AAVE Faces a Clear Downtrend On the Daily

On the daily chart, AAVE entered a clear downtrend after failing to hold above the $261.98 level earlier. This makes the current price drop to as low as $144.61. After that stunt, this token has maintained a balance around a support level of $144.61 to $157.43. AAVE maintains attraction for buyers around this support level.

The current support zone has now become a very important region. As long as AAVE holds above it, another advance may be attempted. However, it will not be possible for a stronger trend correction at any level without a breakout above $202.53. It has been identified as a prominent level on the chart.

Then again, if the price cannot move beyond and instead makes a lower high below $202.53, bearish selling may re-emerge. In this case, breaking below $144.61 could bring token into another downturn, with the next significant level of support being NEAR $124.79.

For the time being, token finds itself at a technical juncture. The struggle between areas of support in the vicinity of the mid-$150s and the level of resistance between $166 and $180 will likely prove to be the determining factor in the next significant movement.