Brothers, $AAVE is pretty tough today! The current price is $98.26, up 3.8% in the past 24 hours, with a 7.2% range. It shows that bulls and bears are tugging at each other, but the bulls are in the upper hand. RSI is 56—it's not overbought yet, so there’s still room; but the trading volume is only $24M. A volume-shrinking rally suggests there isn’t much chasing momentum, and it feels more like the main players are gradually pulling the price under control.
In the short term, the $100 whole-number level is a psychological pressure point. A breakout needs volume confirmation; otherwise, it may pull back and trade around the $95 area. For positioning, those holding long at lower levels can continue to hold. If you’re looking to enter, wait for a pullback to confirm support before acting—don’t get carried away chasing the highs.
What do you think? Chat in the comments
$AAVE #DeFi #Market Analysis
In the short term, the $100 whole-number level is a psychological pressure point. A breakout needs volume confirmation; otherwise, it may pull back and trade around the $95 area. For positioning, those holding long at lower levels can continue to hold. If you’re looking to enter, wait for a pullback to confirm support before acting—don’t get carried away chasing the highs.
What do you think? Chat in the comments
$AAVE #DeFi #Market Analysis