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AAVE has recently experienced several unusual movements, the most obvious being a sudden 37% surge in 30-minute trading volume. Such a sharp increase in volume usually isn't a good sign—it often indicates that a major price move is imminent.
The current price remains steady at around 167.4 USDT. From a 1-hour perspective, the 165.7 level is a relatively strong support, only 0.49% away from the current price, which is quite close. If the price really drops to this level, there's a good chance of a rebound.
From a trading standpoint, you might consider placing a long order around 165.7, with the target set at the resistance level of 175.21—about a 4.6% potential upside from the current price. With such a strong surge in volume, the subsequent market movement is definitely worth close attention—don't miss this possible breakout opportunity.