$AAVE ANALYSIS



$AAVE/USDT is trading at $89.66 and sitting right on top of the ascending trendline from the $59 June base, the same line that produced every major bounce in this rally. Price got rejected from $101 and pulled back into the level bulls have defended for six weeks straight, this is the test that matters.

Bounce here and $95 comes back with $100 as the next ceiling to break. Push through and price discovery reopens. Lose $87 and the trendline snaps, sending price to $83 fast with $75 as the deeper cushion. Six weeks of higher lows on the line, this candle carries weight.
AAVE7.07%
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SDyahaya
· 07-20 09:31
To The Moon 🌕
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SDyahaya
· 07-20 09:31
2026 GOGOGO 👊
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MintMachine
· 07-20 08:47
From $59 it surged all the way up—every time it dips back to the trendline, it bounces hard. Is this time at $89.66 the same old script? But that bearish candle at $101 is pretty scary; you need to be careful.
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BlackSwanObserver
· 07-20 08:04
This pullback to the trendline is indeed critical. If it can hold, $95 will come back soon; otherwise, $83 will be tested.
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BlurBidder
· 07-20 08:01
AAVE at this level follows the same logic as the June breakout point: it remains to be seen whether the bulls can hold this crucial lifeline support level. If it breaks below, the next support is around $75.
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