The post AAVE Technical Analysis Jan 29 appeared on BitcoinEthereumNews.com. AAVE is stabilizing at $158.70, with mild optimism prevailing in the intraday shortThe post AAVE Technical Analysis Jan 29 appeared on BitcoinEthereumNews.com. AAVE is stabilizing at $158.70, with mild optimism prevailing in the intraday short

AAVE Technical Analysis Jan 29

AAVE is stabilizing at $158.70, with mild optimism prevailing in the intraday short-term outlook due to its position above EMA20. Critical support at $157.62 and resistance at $160.08 should be monitored; BTC pressure could create risk.

Short-Term Market Outlook

AAVE is trading at $158.70 with a slight 0.49% increase over the last 24 hours. The intraday range formed between $156.40 – $163.94, and volume remained at moderate levels with $258.34M. The short-term trend continues upward; the price is holding above EMA20 ($157.30), which is a positive signal for intraday traders. RSI is balancing at 54.76 in the neutral zone, while the MACD histogram is positive and supports the bullish trend. However, Supertrend is giving a bearish signal, and $168.25 resistance is in focus. For the next 24-48 hours, focus will be on testing $157.62 support and a breakout above $160. BTC’s downtrend across the market indicates a cautious approach in altcoins; given AAVE’s high correlation, pressure could increase if BTC fails to break $88,566 resistance. Sudden moves without volume increase are risky; for scalping, narrow bands ($157.50-$160) are in focus. Short-term uptrend invalidation could come with a close below $157.62, which is a strong support level with a 91/100 score.

Intraday Critical Levels

Nearby Support Zones

Immediate support at $157.6237 (91/100 score), close to EMA20 and above the intraday lows ($156.40). On a break, $154.8661 (69/100) could be tested quickly; this level is strong on the 1D timeframe. For scalpers, stop-loss below $157.62 is ideal for quick invalidation. Deeper support at $143.63 as a downside target, but 24-hour focus is staying above $154.86.

Nearby Resistance Zones

First resistance at $160.0786 (61/100), followed by $166.5688 (64/100) and $172.5076 (62/100). A $160 breakout is key for momentum, with Supertrend pointing to $168.25. After pullback from intraday high $163.94, a $160 test is likely; this is the trigger for the upside scenario. Resistances are supported by 3D/1W timeframes and should be tested with volume.

Momentum and Speed Analysis

Short-term momentum is bullish with MACD, RSI neutral but holding above 50. Speed analysis shows Supertrend bearish but positive above EMA20. Acceleration on the 15-minute chart could come with volume above $160; slowdown expected at $157.62 downside. On 1D/3D, there are 15 strong levels: 1D (2S/5R), 3D (1S/1R), 1W (3S/4R). This distribution increases upside potential but BTC downtrend is a speed breaker. $258M intraday volume is insufficient; increase expected. Risk: Sudden BTC drop causing momentum reversal; watch RSI divergence for quick scalps.

Short-Term Scenarios

Upside Scenario

Close above $160.0786 accelerates toward $166.57 and $172.51. Trigger: Volume increase + positive MACD. Upside potential 8.5%, invalidation below $157.62. In 24-48 hours, $168 Supertrend test possible if BTC stabilizes. Ideal setup for AAVE Spot Analysis.

Downside Scenario

Close below $157.6237 leads to $154.87, downside target $143.63. Trigger: BTC breaks $87,571 support. 9.5% drop risk, quick invalidation on reversal above $160. Supertrend warns bearish; scalpers wait for $160 rejection for shorts. High risk, AAVE Futures Analysis volatility high.

Bitcoin Correlation

BTC at $88,273 with -1.03% drop in downtrend, Supertrend bearish. AAVE highly correlated with BTC (0.85+), if BTC breaks $87,571 support, AAVE tests $157.62. Watch BTC resistances $88,566-$89,418; breakout strengthens AAVE upside scenario. BTC dominance increase creates altcoin pressure; BTC stability required in 24 hours. Caution: If BTC drops to $86,075, AAVE downside accelerates.

Daily Summary and Monitoring Points

– Key watch: $157.62 support, $160.08 resistance.
– Momentum: MACD bullish, RSI neutral.
– BTC impact: $88,566 breakout positive.
– Risk: Short-term trades high volatility, apply 1-2% risk/position rule.
– Wait for volume increase, no news.
24-48 hours: Upside bias dominant but BTC keeps cautious. Capital management critical, stop-loss mandatory.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Trading Analyst: Emily Watson

Short-term trading strategies expert

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/aave-intraday-analysis-january-29-2026-short-term-upside-potential

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