Crypto
AAVE Price Momentum Flatlines at $134: Pullback Expected Before Next Leg Higher
AAVE has hit a wall after reaching $140.19 and pulling back to $134.45, indicating a probable dip into the $129-$131 demand zone before bulls reload.
The moving average stack remains pristine, but momentum has exhausted itself right at resistance.
The key levels exposed are between $140-140.19, with a decisive daily close above $140.50 opening the Bollinger Band runway to $150.12.
On the downside, the $129-$131 zone is the convergence point that every serious buyer should be watching, and immediate support at $129.02 and the 7-day SMA at $130.18 land within two dollars of each other.