Markets· ★★· bearish·

AAVE drops 2.84% to $166.66, tests key support at $162.66

  • —Price down 2.84% to $166.66, off 7.61% over seven days
  • —Volume at $158.17 million, 54.88% below the 30-day average
  • —Trading below SMA-7 ($173.58) and SMA-15 ($169.31), above SMA-30 ($152.45)
  • —RSI at 55.6 with bearish MACD; key support sits at $162.66
Why it matters: Holding $162.66 keeps the medium-term trend intact; a break would open the door to the SMA-30 at $152.45.
#AAVE
Source: DiarioBitcoin
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