AAVE has recently experienced a significant abnormality in trading volume, with a 263.3% surge in 30-minute trading volume. Such abnormal volume spikes are often a precursor to a market trend initiation. The current price is at 172.55 USDT, only 0.19% away from the key support level at 172.02.

From a technical perspective, this support level looks promising. If you want to go long, you can place an order around 172.02, targeting the resistance at 176.76. The risk-reward ratio is quite favorable.

A sharp increase in volume usually does not occur without reason; it indicates that market participants' sentiment is heating up. Whether you are a short-term trader or a mid-term investor, the upcoming movement of AAVE is worth close attention. Such volume breakthroughs often lead to good volatility opportunities.