AAVE is trading around $181 on October 3, after a sharp September breakout. The token has gained strong momentum, with whale activity also increasing.
The fundamental catalyst is Aave V4, which reportedly surpassed $1 billion in deposits, while the protocol continues expanding across networks including Base and Arc. Governance is also discussing further V4 deployments and institutional initiatives.
Technically, AAVE is now approaching a major resistance area around $187.50–$190. A decisive move above that zone would put the psychological $200 level in focus, but rejection could bring a pullback toward the $170s.
📊 Key levels:
• Support: $177–$180
• Resistance: $187.50–$190
• Breakout zone: Above $190
• Watch: Aave V4 growth & whale activity
Will AAVE’s V4 expansion become the next major DeFi catalyst?
#AAVE #DeFi #Crypto #BinanceSquare
The fundamental catalyst is Aave V4, which reportedly surpassed $1 billion in deposits, while the protocol continues expanding across networks including Base and Arc. Governance is also discussing further V4 deployments and institutional initiatives.
Technically, AAVE is now approaching a major resistance area around $187.50–$190. A decisive move above that zone would put the psychological $200 level in focus, but rejection could bring a pullback toward the $170s.
📊 Key levels:
• Support: $177–$180
• Resistance: $187.50–$190
• Breakout zone: Above $190
• Watch: Aave V4 growth & whale activity
Will AAVE’s V4 expansion become the next major DeFi catalyst?
#AAVE #DeFi #Crypto #BinanceSquare
