$AAVE 🟦 AAVE Latest Market Snapshot
Current price: Around mid-$160s–$180s range, with recent sideways to slightly weak structure. �
Traders Union +1
Short-Term Price Action: AAVE recently failed to hold above the $170–$172 resistance zone and slipped lower, indicating short-term pressure. �
Traders Union
Sentiment & Structure: Technical indicators show neutral to mild bearish action, with RSI around neutral and trend indecision. �
FX Leaders
Support & Resistance:
• Support ~$160–$162 range (pivot and local support). �
• Near-term resistance ~$168–$172. �
FX Leaders
Traders Union
Potential Bounce: Some analysts see classic oversold recovery setups that could drive price back toward $200+ if momentum shifts. �
MEXC
Mixed Drivers: On-chain activity and whale moves can create short-term volatility, but governance issues and market flows remain key risks. �
FXStreet +1
🖼️ Price Action (Illustrative Picture)
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Price
│ Resistance
│ ╭──────╮
│ ╱ ╲
│ ╱ ╲
│ Support ╱
└────────────────▶ Time
📌 Quick Summary
Bias: Neutral–slightly bearish short-term unless price clears the immediate resistance.
Watch Levels: Support ~$160, resistance ~$170–$172.
Risk: Volatility from governance debates and whale activity; DeFi sentiment heavy on technical signals. �
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