$AAVE at $160.65: is this 4h -6.2% dip a reset, or the start of a deeper unwind? đ€
Down 3.77% today on $68.67M volume. Shorts are paying funding at -0.001%, while price still holds above the 20d and 50d MAs. Weird split.
RSI is 56, and AAVE sits just 9% below its 30d high. Iâm watching $160. Iâd wait for strength there, not chase. $ETH weakness could decide it.
Where does AAVE top out? đ„
#AAVE #DeFi
Down 3.77% today on $68.67M volume. Shorts are paying funding at -0.001%, while price still holds above the 20d and 50d MAs. Weird split.
RSI is 56, and AAVE sits just 9% below its 30d high. Iâm watching $160. Iâd wait for strength there, not chase. $ETH weakness could decide it.
Where does AAVE top out? đ„
#AAVE #DeFi