🚨 AAVE: Positive signals from institutions, but the price is still under pressure!
On November 5, Payward—the parent company of Kraken—and its clients bought AAVE on the secondary market. This is a notable sign of institutional interest in DeFi.
However, AAVE is trading around $130.37 and is under pressure from the broader market sell-off.
📊 Spot plan:
* Watch the $127–129 support zone.
* Consider buying only if the price holds this zone and confirms a recovery.
* Levels to watch: $133.7 and $143.4.
* If the daily candle closes below $125.5, staying on the sidelines is preferable.
🎯 Do you think AAVE has enough strength to recover this time?
#SMCrypto #AAVE #DeFi #BinanceSquare
On November 5, Payward—the parent company of Kraken—and its clients bought AAVE on the secondary market. This is a notable sign of institutional interest in DeFi.
However, AAVE is trading around $130.37 and is under pressure from the broader market sell-off.
📊 Spot plan:
* Watch the $127–129 support zone.
* Consider buying only if the price holds this zone and confirms a recovery.
* Levels to watch: $133.7 and $143.4.
* If the daily candle closes below $125.5, staying on the sidelines is preferable.
🎯 Do you think AAVE has enough strength to recover this time?
#SMCrypto #AAVE #DeFi #BinanceSquare