$AAVE Today, I’ll make a quick basic-fundamentals note—no calls to buy or sell.
Aave’s current pricing looks more like the market is re-evaluating the strength of the narrative than simply reacting to candlestick colors.
Current price: $100
Market cap: $1.54B
Rank: #50
FDV: $0.0000
7D / 30D: +5.3% / +14.7%
What I care about most is the supply structure:
Circulating supply is about 96.4%, so any future unlocks/supply pressure must be factored into the valuation.
Daily trend: Bullish 📈
RSI: 58.1
Support: $87
Resistance: $103
My read: If $AAVE can reclaim resistance, the market may start assigning it a narrative premium; if it breaks support, that would suggest the capital still isn’t willing to buy this story. NFA.
Do you think $AAVE is undervalued, or just another rebound trap?
Aave’s current pricing looks more like the market is re-evaluating the strength of the narrative than simply reacting to candlestick colors.
Current price: $100
Market cap: $1.54B
Rank: #50
FDV: $0.0000
7D / 30D: +5.3% / +14.7%
What I care about most is the supply structure:
Circulating supply is about 96.4%, so any future unlocks/supply pressure must be factored into the valuation.
Daily trend: Bullish 📈
RSI: 58.1
Support: $87
Resistance: $103
My read: If $AAVE can reclaim resistance, the market may start assigning it a narrative premium; if it breaks support, that would suggest the capital still isn’t willing to buy this story. NFA.
Do you think $AAVE is undervalued, or just another rebound trap?