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$AAVE — Watching the 92.50-93.00 range now
Been keeping an eye on $AAVE today, seeing it push up towards that 92.50-93.00 resistance that's been in play for a bit. We're currently sitting around 91.66. If it can get a sustained close above that range, especially with volume, it might open up the path towards 98-100 next. The risk, as always, is a rejection here and a move back down to retest the 88-89 support, which would invalidate the current upward momentum narrative for me. Not calling for anything concrete, just observing the reaction at this level.
2 comments · 1 points
That 92.50-93.00 range has definitely been a tough nut to crack. I'm curious if you're seeing any specific indicators aligning with that potential break out, or if it's mostly price action you're watching for that confirmation.