🔴 $AAVE · 1H
Price is $170.50 and $AAVE remains below the averages that capped it earlier. The $170.00 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. There is only 0.3% between price and support. The 20 has stayed below the 50 for only 16 candles. RSI at 28 is deep in oversold territory. Over the past day it has traded between $170.00 and $183.29, sitting near the bottom of it now. Turnover is unremarkable, running 0.9x the recent average. Down 6.9% over 24 hours.
⚠️ DYOR
$AAVE #TechnicalAnalysis
Price is $170.50 and $AAVE remains below the averages that capped it earlier. The $170.00 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. There is only 0.3% between price and support. The 20 has stayed below the 50 for only 16 candles. RSI at 28 is deep in oversold territory. Over the past day it has traded between $170.00 and $183.29, sitting near the bottom of it now. Turnover is unremarkable, running 0.9x the recent average. Down 6.9% over 24 hours.
⚠️ DYOR
$AAVE #TechnicalAnalysis
