$AAVE 📊 AAVE Market Analysis | Today
AAVE is currently trading around $127.42, showing a –5.52% intraday pullback, which reflects short-term selling pressure across the broader DeFi market. Price action bounced from the $115.66 daily low and is now consolidating near the MA60 (~$127.41), indicating a potential stabilization zone.
On the technical side, AAVE faced resistance near $135.56 (24h high), where sellers stepped in aggressively. Volume remains healthy (~$47.17M USDT), suggesting strong market participation rather than weak liquidity-driven drops. This kind of correction often resets momentum for the next move.
Key Levels to Watch:
Support: $120 – $115
Resistance: $132 – $136
Trend Bias: Short-term bearish → Neutral consolidation.
If buyers defend the current range, AAVE could attempt a recovery toward resistance. However, failure to hold support may lead to further retracement before a stronger bounce.
#AAVE #DeFi #CryptoAnalysis #Altcoins #Binance