Aave's 11.25% Rally Faces Crucial Test at $145.55 Resistance
Aave's price surged by 11.25% in a swift move that brought it closer to the key $145.55 resistance level.
The rally was supported by strong Futures buying and Spot outflows, which indicated increased demand for the asset.
However, the success of this breakout attempt is far from certain, as the price remains below the critical $145.55 level.
According to CryptoQuant data, 90-day Taker CVD was in a buyer-dominated position during Aave's rally, with buyers making more aggressive moves than sellers in Futures activity.