$AAVE pulled back to 126.13 after touching 131.98 earlier. Clean -2.51% drop but the chart structure still looks okay.
DeFi took a beating across the board today and $AAVE is no exception. We're sitting right between MA7 (127.20) and MA25 (128.82). The 124.61 low is the key support here.
Volume is decent at 11.84M USDT so there's still interest. If 124 holds, I'm expecting a bounce back toward 128-130.
Break below though and we're looking at 120 zone.
Classic consolidation after a strong run. Patience pays here 💪
