Aave (AAVE) surged by 24%, surpassing multiple resistances with strong volume and bullish technical signals.
Key resistance for AAVE is at $268, with potential next targets set at $285 and $303 if the current momentum is sustained.
The surge in AAVE's price follows the U.S. Senate's progress on the GENIUS Act, bringing regulatory clarity that could attract institutional investors.
Technical indicators show AAVE is trading strongly above key moving averages, with bullish momentum, although caution is advised due to overbought conditions.