Technical analysis by Quant_Trading_Pro about Symbol AAVE on 8/17/2025

AAVE is pulling back from the 330–345 resistance zone, currently trading near 294. Price remains above the long-term ascending trendline (~260), which has supported the uptrend since April. Bull case: If the trendline holds and Stoch RSI turns up from oversold, a bounce toward 330–345 is likely, setting up another breakout attempt. Bear case: A breakdown below 260 would invalidate the ascending structure and risk deeper correction toward 220. Momentum is oversold, suggesting a rebound is possible, but confirmation requires holding the trendline and reclaiming 300+.