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Jens

AAVE is approaching an important psychological area.



$AAVE now trades at $97.96 after rising 10.01%, placing the round $100 level within reach.

The reaction there could reveal whether momentum has room to continue or needs time to cool.

#AAVE #DeFi
AAVE22.84%
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PoolSong
· 14h ago
Haha, AAVE is finally showing some movement. After lying flat for so long, its sudden 10% rise is surprising. Hopefully this isn’t just a one-day rally. Is DeFi summer coming again?
Reply0
MorphoMiner
· 23h ago
Technically, this rally looks a bit too sharp, and RSI is likely overheated. Don’t rush to chase the highs; wait for a pullback and confirmation before entering—it won’t be too late. Better to miss than make the wrong trade.
Reply0
VolatilityUmbrella
· 08-20 12:22
I'm holding for the long term, so I'm immune to these short-term fluctuations. But if it can break above 100 with increased volume, the trend will look even better. Keep holding and don't move.
Reply0
GliderPilot
· 08-20 12:06
Honestly, 97 is an awkward level: one step up is a round-number threshold, while moving down risks profit-taking selling pressure. Short-term traders are probably all waiting for a clear direction.
Reply0
PositionMover
· 08-20 12:01
It rose 10% to 97, and it feels like market sentiment has suddenly returned, but the more it’s like this, the more careful we need to be of false breakouts.
Reply0
LiquidationRaincoat
· 08-20 11:58
AAVE has been pretty strong this move— is the DeFi sector about to rotate again? But there will definitely be selling pressure around 100, so let’s see how the bulls and bears battle it out first.
Reply0
Auditor
· 08-20 11:58
The $100 psychological level is indeed crucial; whether it can hold will depend on the next few candlesticks.
Reply0

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