The AAVE decentralized finance (DeFi) token is currently trading between support and resistance levels, with a price of $193.29. The chart shows that 39.34% of AAVE addresses are holding the token at a value above the current market price, while 4.48% of addresses are holding AAVE at a higher price range, indicating some pain among holders. The price chart shows clear support and resistance bands, with the $178.43 resistance area being a potential target for a future extension. The $118.86 to $178.43 price range has a significant amount of trade volume, indicating strong price floors. The next important price range is $184.23 to $252.78, with resistance building up. Currently, 18.7% of addresses are holding AAVE in the current price range, indicating broad acceptance of the price. If AAVE manages to hold above the $146.53 mark, it could experience a rebound. However, if it fails to hold above this level, consolidation or retracement may occur.



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