Wait, is $AAVE actually going to let us down this easily?
I'm looking at this daily chart and it's honestly a bit of a mess. We just took a 5% hit today, dragging the price down to 109.70. The support around 109.46 is under a lot of pressure right now. If we don't see some buyers step in soon, we might be looking at a slide back toward that 92.25 level we saw earlier in February. Volume is hovering around 24M which isn't huge, but the 70% buy orders in the book suggest people are trying to catch the bottom here. I’m staying cautious. Unless we can reclaim 125 quickly, this feels like it wants to bleed more.
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Wait, is $AAVE actually going to let us down this easily?
I'm looking at this daily chart and it's honestly a bit of a mess. We just took a 5% hit today, dragging the price down to 109.70.
The support around 109.46 is under a lot of pressure right now. If we don't see some buyers step in soon, we might be looking at a slide back toward that 92.25 level we saw earlier in February.
Volume is hovering around 24M which isn't huge, but the 70% buy orders in the book suggest people are trying to catch the bottom here.
I’m staying cautious. Unless we can reclaim 125 quickly, this feels like it wants to bleed more.
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