$AAVE dump Alert 🚨🚨🚨🚨
{future}(AAVEUSDT)
Market sentiment remains shaky, and AAVE continues to reflect heavy bearish pressure.
Currently, the price is sitting right above a critical weekly demand zone yet there's been no solid bullish bounce, which could hint at a potential breakdown ahead.
If the $12.4 support cracks, we may witness a deeper correction toward the next significant zones:
Potential Support Levels:
$105.00
$92.00
$80.00
Just like in my other market outlooks, the short-term bias is neutral, pointing toward a consolidation phase for now.
Possible Range Formation:
AAVE might hover within a $120 – $140 channel before making a decisive move in either direction.
#AAVEUSDT #Write2Earn!
Trade here 👉👉$AAVE
**Blockchain Voting in New York?**
- New York Assemblymember Clyde Vanel is shaking things up with Bill A07716, proposing blockchain tech to secure voter records. 🗳️
- The bill aims to explore blockchain's potential in election security, with a report due in a year. Experts in blockchain, cybersecurity, and voter fraud will weigh in.
- Vanel's no stranger to crypto, previously tackling fraud and advocating for a crypto task force.
- While blockchain promises tamper-proof storage, remember: "garbage in, garbage out!" Let's hope the voting data is as clean as a whistle!
**Blockchain Voting in New York?**
New York State is exploring blockchain's potential in elections. Assemblymember Clyde Vanel introduced Bill A07716, urging the state Board of Elections to assess blockchain's role in securing voter records and results. The bill is under review by the Assembly Election Law Committee.
The proposed study will gather insights from blockchain, cybersecurity, and election experts. This isn't the first blockchain voting initiative; similar efforts have occurred in Tennessee and London.
Vanel, familiar with blockchain, has previously pushed for crypto fraud prevention and advocated for better industry-regulator communication.
Kraken, a prominent cryptocurrency exchange, has partnered with Mastercard to introduce crypto debit cards, facilitating payments at 150 million merchants across the UK and Europe. This development marks a significant step in integrating cryptocurrencies into mainstream financial systems. However, despite such advancements, the market outlook remains pessimistic due to ongoing regulatory uncertainties and volatile market conditions. The collaboration highlights the growing interest in crypto adoption, yet the broader industry faces challenges that could hinder sustained growth and stability.
$AAVE - price analysis:
So much fear on the market, reflecting strong bearish momentum!
At the moment, prices remain stuck at a weekly support level, (SSB) ichimoku, but without strong bullish reaction we can anticipate another bearish breakout 📉
If the 112$ level canno"t hold, then prices could dump toward the following supports:
🎯$100.00
🎯$88.00
🎯$75.00
Same as my others view, short term = neutral. (consolidation).
Pls monitor levels in my chart and the downtrend daily!
⏳Short term outlook:
We might see a RANGE zone between 118 - 136$ before to see a big move.
#aave #trading