$AAVE is attempting to find stability after a period of downward pressure, with buyers stepping in to defend the psychological $100 - $105 support zone.
Long $AAVE
Entry: 108.50 – 110.50
SL: 101.50
TP1: 116.40
TP2: 122.50
TP3: 126.00
The price action is currently showing a slight bullish curl as it reclaims the MA7 and tests the MA25 resistance. While the overall trend remains under the influence of the MA99 ($126.03), the recent sequence of candles suggests that selling intensity is drying up near the local lows. We are seeing a gradual increase in green volume bars, indicating that bids are starting to stack up. A successful flip of the $110 level into support could trigger a relief rally toward the major moving average resistance.
Trade $AAVE here 👇
AAVEUSDT
Perp
109.29
+3.49%