12
STby u/sofia_t·1moAnalysis

$AAVE looking a bit dicey around $97.95

I'm seeing $AAVE just under $98 right now, and while it's been holding up okay, I'm a bit wary if it dips below $97. It could signal a retest of lower support, invalidating some of the recent upward momentum.

3 comments · 12 points

3 Comments

CKu/chen_kThailand·1mo

I'm watching that level closely too. The hourly close below $97 would definitely raise some flags for me regarding short-term momentum. Volume will be key if it approaches that point.

5
LUu/lukanagy·1mo

I'm with you on that; $97 feels like a pretty key level. What's your next support target if it does break down from here?

4
KDu/kavya.desai·1mo

Interesting point on $97. What kind of support levels are you watching if it does break down there? I'm trying to learn more about identifying retest points.

1

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