Yesterday evening, I wrote that $AAVE had broken below 129.15. Until it gets back above that level, I’d treat this as a rebound.
This morning at 11, it broke below yesterday’s low too, reaching 123.28.
After that, it rose along with the broader market.
The 2 p.m. candle closed at 130.01, back above 129.15, and it hasn’t fallen below that level since.
At 7 p.m., it reached a high of 132.87. It’s now at 131.6.
That’s about a 7% rise from 123.28.
However, hourly volume is still very low, mostly around 1M.
129.15 has now become support.
Above that is 134, the starting point of the 11/01 candle and the level it previously broke below.
This is only my personal opinion and does not constitute investment advice.
This morning at 11, it broke below yesterday’s low too, reaching 123.28.
After that, it rose along with the broader market.
The 2 p.m. candle closed at 130.01, back above 129.15, and it hasn’t fallen below that level since.
At 7 p.m., it reached a high of 132.87. It’s now at 131.6.
That’s about a 7% rise from 123.28.
However, hourly volume is still very low, mostly around 1M.
129.15 has now become support.
Above that is 134, the starting point of the 11/01 candle and the level it previously broke below.
This is only my personal opinion and does not constitute investment advice.