AAVE is a major DeFi protocol for decentralized lending and borrowing, with bullish momentum targeting a liquidity pool and a supply zone above.
On the daily chart, AAVE shows a clear bullish structure with higher highs and higher lows, indicating a steady upward trend.
The untouched liquidity on the left side of the chart may attract price action towards it before potentially testing a supply area above.
On the H4 chart, the bullish bias remains as long as a key low is not breached, with a potential upside target around $312 aligning with a supply zone.