$AAVE current price $80.94, up 8.1% in the last 24 hours. The amplitude is 14.6%—the volatility isn’t small. Trading volume has surged to $46M with a clear increase in volume. RSI 45 is still in the neutral-to-weak zone, suggesting this rally hasn’t overheated yet, and the bullish trend is continuing.
Judging from volume and price action together, the demand from capital is strong, but the large amplitude also means there’s significant disagreement between bulls and bears. In the short term, if it can hold above $80, it may continue testing the prior high; if it pulls back on lower volume, around $75 is support.
In terms of strategy: if you’re aggressive, you can go long with a small position; place a stop loss below $76. If you’re more cautious, wait for the pullback and confirmation before acting. Don’t chase—at this level it’s prone to wick/poke-through.
What do you think? Let’s discuss in the comments
$AAVE #DeFi #Market Analysis
Judging from volume and price action together, the demand from capital is strong, but the large amplitude also means there’s significant disagreement between bulls and bears. In the short term, if it can hold above $80, it may continue testing the prior high; if it pulls back on lower volume, around $75 is support.
In terms of strategy: if you’re aggressive, you can go long with a small position; place a stop loss below $76. If you’re more cautious, wait for the pullback and confirmation before acting. Don’t chase—at this level it’s prone to wick/poke-through.
What do you think? Let’s discuss in the comments
$AAVE #DeFi #Market Analysis