The post AAVE Technical Analysis Mar 1 appeared on BitcoinEthereumNews.com.

AAVE is trading at $117.45, having recorded a 4.15% rise in the last 24 hours but remaining under overall downtrend pressure; with RSI in the neutral zone (45.41) and MACD showing a positive histogram while staying below EMA20, both scenarios remain valid. The market is trapped between critical support and resistance levels, requiring traders to monitor trigger signals. Current Market Situation AAVE is currently trading at $117.45 and moved within the $104.70 – $118.71 range with a 4.15% rise over the last 24 hours. Volume remains at a moderate $181.76 million level, while the overall trend continues as a downtrend. Looking at technical indicators, RSI at 45.41 is in the neutral zone, giving neither overbought nor oversold signals; this reflects momentum uncertainty. Although the MACD shows positive histogram formation as a short-term bullish signal, short-term bearish pressure dominates since the price remains below EMA20 ($119.38). The Supertrend indicator is giving a bearish signal, with the next resistance at $142.43 standing out. In multi-timeframe (MTF) analysis, a total of 11 strong levels were identified across 1D, 3D, and 1W charts: 2 supports/2 resistances on 1D, 1 support/3 resistances on 3D, and 3 supports/3 resistances balance on 1W. Critical supports are $116.8407 (strength score 82/100) and $104.6887 (61/100); resistances are $119.3723 (74/100) and $136.2552 (78/100). These levels will determine the scenarios based on the direction of the breakout. Traders should monitor volume increases and candle closes to make decisions; for example, a high-volume breakout confirms a trend change. Access more detailed data from the AAVE Spot Analysis and AAVE Futures Analysis pages. Scenario 1: Upside Scenario How Does This Scenario Unfold? For the upside scenario, the $119.3723 resistance (EMA20 level) must first be clearly broken with a daily close above it. This breakout gains strength if supported by further expansion of the…

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Filed under: News - @ March 1, 2026 3:03 am