AAVE breaks above $153.98 resistance, surging to $168.64 with bullish momentum and targets $200 next.
has recently made a notable move by breaking above the key resistance level of $153.98. This breakout has propelled the token into new cycle highs, attracting buying interest.at press time, AAVE continued to exhibit strong upward momentum backed by increasing trading volume and bullish technical indicators.
With the token trading well above key moving averages, the ongoing bullish trend remains strong, indicating that further gains could be possible if current market conditions persist.AAVE’s bullish momentum is underscored by its positioning above both the 50-day Exponential Moving Average at $135.20 and the 100-day EMA at $121.77.
This indicator, which measures market momentum, continued to signal positive sentiment, supporting the ongoing upward price movement. This setup reflected strong bullish presence in the market, with sellers showing signs of weakening control.
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