AAVE started the week with strength, registering an imbalance movement in favor of buyers this Monday (02).

With the price traded above $230, the 9 and 26-period Ichimoku lines point upwards, indicating a well-defined upward trend.

Trading volume increased significantly, with a standard deviation above the average and a relative volume of 1.85x, reinforcing the intensity of the movement.

According to Fibonacci expansion, the next target is at $241 dollars, and, if surpassed, it could project the price to the $265 dollar region.