š$AAVE / USDT Market Update
Current Price: $375.43
Change: +10.90% š
24H High: $390.15
24H Low: $328.29
$AAVE is making significant moves in the DeFi space with a strong 10.90% gain, indicating a bullish sentiment among traders.
Key Technical Highlights (15-Minute Chart):
Moving Averages (MAs):7-MA (yellow): $372.97 ā showcasing the price climbing above short-term support.25-MA (pink): $373.26 ā acting as a pivot zone during recent consolidation.99-MA (purple): $365.55 ā indicating strong long-term bullish support.Price Action:AAVE recovered strongly from the recent low of $365.21, pushing towards the $375 resistance area.The chart shows a possible trend reversal with bulls reclaiming momentum.
Volume Insights:
AAVE Volume: 551,224.75USDT Volume: 200.25M
This substantial trading volume suggests heightened market activity and interest in AAVE.
š” Trading Opportunities:
Watch for a break above $375.50, which could pave the way for a retest of the 24H high at $390.15.A dip near the 99-MA ($365.55) could serve as a potential buying opportunity for those looking to ride the trend.
Key Levels to Watch:
Resistance: $375.50 (current level) and $390.15 (24H high).Support: $372.13 (7-MA) and $365.55 (99-MA).
AAVE continues to show strength and resilience, with traders closely monitoring whether the bulls can sustain the momentum. What's your take on this movement? Let us know in the comments!
