$AAVE rises 11.25%, lifting the price to near the resistance zone of $145.55 amid increasing buying pressure in the futures market and net outflows turning into net outflows in the spot market.
Trading volume reaches $770.74 million, indicating that the increase comes with greater participation. However, AAVE still needs a decisive break above $145.55 to extend the recovery momentum toward the $180 zone.
AAVE is supported by proactive buying in the futures contract market, when the 90-day Taker CVD indicator leans toward the buy side during the rising-price phase.
This data suggests buyers execute more aggressive orders than sellers. This development is consistent with AAVE rallying from the $86.26 zone to nearly $145.55.
Buyer dominance helps reinforce demand as price moves into an area that previously saw profit-taking activity. However, buying pressure needs to be sustained for a longer period rather than appearing only in a brief upswing.
Futures contracts may play an important role around $145.55. Stronger buying pressure could help absorb sell orders in this area, but the available data has not yet confirmed the potential for a breakout.
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Trading volume reaches $770.74 million, indicating that the increase comes with greater participation. However, AAVE still needs a decisive break above $145.55 to extend the recovery momentum toward the $180 zone.
AAVE is supported by proactive buying in the futures contract market, when the 90-day Taker CVD indicator leans toward the buy side during the rising-price phase.
This data suggests buyers execute more aggressive orders than sellers. This development is consistent with AAVE rallying from the $86.26 zone to nearly $145.55.
Buyer dominance helps reinforce demand as price moves into an area that previously saw profit-taking activity. However, buying pressure needs to be sustained for a longer period rather than appearing only in a brief upswing.
Futures contracts may play an important role around $145.55. Stronger buying pressure could help absorb sell orders in this area, but the available data has not yet confirmed the potential for a breakout.
#Write2Earn
#Write2Earn!
#45NgayTuDoTaiChinh