$AAVE is showing signs of recovery. According to CoinMarketCap's November 5 update, AAVE is trading around $132.59, up 7.05% in 24 hours. Increased trading volume and a broader Bitcoin recovery are supporting the move.
CoinMarketCap
Key price levels
Support: $130 and $125
Resistance: $135 and $138.40
Bullish breakout: A strong daily close above $138.40 could open the way toward $146.
Bearish scenario: Losing $125 could bring renewed selling pressure.
CoinMarketCap
+1
My outlook
AAVE looks cautiously bullish in the short term, but the broader trend still needs confirmation. Watch Bitcoin's direction, trading volume and whale activity before entering a trade.
Trading strategy: Avoid chasing a sudden pump. Wait for confirmation above resistance.
Educational market analysis only, not financial advice. Prices can change rapidly.
Source: CoinMarketCap AAVE analysis .
#BinanceReopensWithdrawalsForMoreAssets #BTCRebounds80K #Binance98PercentReplenished #ADPUSPrivateEmployersAdd86000JobsInOctober
CoinMarketCap
Key price levels
Support: $130 and $125
Resistance: $135 and $138.40
Bullish breakout: A strong daily close above $138.40 could open the way toward $146.
Bearish scenario: Losing $125 could bring renewed selling pressure.
CoinMarketCap
+1
My outlook
AAVE looks cautiously bullish in the short term, but the broader trend still needs confirmation. Watch Bitcoin's direction, trading volume and whale activity before entering a trade.
Trading strategy: Avoid chasing a sudden pump. Wait for confirmation above resistance.
Educational market analysis only, not financial advice. Prices can change rapidly.
Source: CoinMarketCap AAVE analysis .
#BinanceReopensWithdrawalsForMoreAssets #BTCRebounds80K #Binance98PercentReplenished #ADPUSPrivateEmployersAdd86000JobsInOctober
