AAVE eyes $200 – Why a breakout above $174 can trigger a 14% surge

AAVE could see a 14% surge to reach $200 if it successfully closes a daily candle above the $174 mark, indicating strong bullish momentum.

With 61.72% of AAVE traders taking long positions, alongside a substantial outflow of AAVE tokens worth $6.88 million from exchanges, sentiment appears bullish.