AAVE Rebounds 7%: Will Buyers Push Through Key Resistance or Lose Steam?
The post AAVE Rebounds 7%: Will Buyers Push Through Key Resistance or Lose Steam? appeared on BitcoinEthereumNews.com. AAVE is hovering near the $96 mark. The overall price velocity is tilted upward. With the fear sentiment in the crypto market, all major assets are found in green waves across the chart. Among the altcoins, AAVE has gained by over 7.54% in the last 24 hours. AAVE is pressing against the upper boundary of a rising wedge. Buyers are still in control, but rising wedges signal fading bullish momentum. The lower trendline is the level that matters most. As long as it holds, the uptrend stays intact. A breakdown below the wedge could trigger a pullback toward the next support zone. A high-volume breakout above the upper boundary flips the script entirely. The short-term sentiment is cautiously bullish, but don’t chase the price without watching for a wedge breakdown first. It traded at a low of around $88.31, and the asset has climbed high toward $98.02. Currently, AAVE is