2026-01-11 16:31:44

AAVE is approaching a crucial resistance point on the daily timeframe. The asset has been consolidating within a descending channel, and now it's testing the upper boundary.

What's interesting here is the building momentum paired with compressing volatility—a classic setup that often precedes directional moves. If buyers can break above this level convincingly, we could see AAVE eye the $350 mark.

The momentum indicators are tightening up too, suggesting a move might be coming soon. Watch for volume confirmation on any breakout attempt.

AAVE8,1%

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StakoorNeverSleeps

· 14h ago

Break below 350, it depends on whether the trading volume cooperates or not; otherwise, it's a false break.

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AllInAlice

· 01-11 16:55

Is the 350 target a bit optimistic? It really depends on whether the trading volume matches...

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ShortingEnthusiast

· 01-11 16:44

350? Dream on. This breakout will just fall again, and we'll have to go back into the downtrend channel.

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AirdropHunterKing

· 01-11 16:39

Oops, at the $350 price level, I need to double-check multiple times before going all-in. This time, I can't afford to get cut like last time with LUNA.

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