#pasma $XPL @Plasma PLASMA Market Update ⚡
AAVE is showing a strong intraday recovery after sweeping liquidity near the $104.6 zone. The 15m structure now reflects a clean V-shaped reversal followed by steady higher lows — a sign that buyers are stepping in with confidence instead of emotional chasing.
The breakout candle toward $112.2 came with strong volume expansion, confirming real participation from the market. More importantly, price didn’t dump after the move… it consolidated. That’s usually a healthy sign of strength.
Current structure:
• Price holding above MA(7) and MA(25)
• MA(99) remains below price action
• Bulls currently maintaining short-term control
Important levels:
⚡ Resistance: $112.2
Break above this level could trigger momentum toward $115–$118
⚡ Support: $109.5
Losing this area may weaken the bullish structure
⚡ Main Demand Zone: $104.6
The origin of the recent recovery move
Volume is cooling during consolidation, which is generally bullish. It suggests sellers are losing pressure while buyers continue defending structure.
Right now, AAVE doesn’t look euphoric — it looks like controlled accumulation. This is often where smart money positions before continuation moves begin.
Watch for breakout volume confirmation above