Aave
Long

AAVE Analysis

AAVE has been on a major downtrend after hitting all time high few weeks ago.

$300 support cluster has been holding strong. AAVE looks to be forming this double bottom here.

Breakout in trend resistance would confirm further uptrend.


All Exchange reserves for AAVE have been on a downtrend after we had peaked at all time prices. This indicates more investors are looking to hold in cold wallets or DEFI.
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