AAVE Tests $115 Demand Zone as Weekly Trend Remains Bearish
Photo: TokenPost
Aave (AAVE) fell 5.67% over 24 hours to $125.8, putting a $115 demand zone in focus as the weekly trend remained bearish for the DeFi token. AAVE remained below the former $140 support zone and the $129 chart level. The weekly trend was bearish, while the shorter-term swing structure was marginally bullish. A demand area sat near $115, with weekly support at $113.4. Aave froze its V3 and V4 markets across networks after the Oct. 29 Binance hot-wallet incident, preventing users from opening new supply or borrowing positions. Enna Lee reports on investing and digital-asset markets for TokenPost.
Source: TokenPost
