$AAVE quietly bounced ~11% off the lows while most alts are still bleeding 👀
📉 Swept the 96.6 range low earlier today
📈 Now ~107.4, pressing into the EMA50
🎯 Levels I'm watching: 109.47 resistance, 96.6 support
Backdrop: Aave Labs picked up Avon's fixed-rate lending team, and Payward (Kraken's parent) disclosed buying AAVE earlier this month.
Is $AAVE being overlooked at these levels, or is this just a relief bounce? 👇
$AAVE #AAVE #DeFi
Not financial advice, DYOR.
📉 Swept the 96.6 range low earlier today
📈 Now ~107.4, pressing into the EMA50
🎯 Levels I'm watching: 109.47 resistance, 96.6 support
Backdrop: Aave Labs picked up Avon's fixed-rate lending team, and Payward (Kraken's parent) disclosed buying AAVE earlier this month.
Is $AAVE being overlooked at these levels, or is this just a relief bounce? 👇
$AAVE #AAVE #DeFi
Not financial advice, DYOR.
