AAVE Rebounds 10.87% to $153.59 After September 25 Liquidation Cascade
- —AAVE rose 10.87% to $153.59 on volume 65.16% above the 30-day average
- —The token had fallen 9.10% a day earlier amid $237M in BTC and $43.19M in ETH long liquidations
- —Price trades above all SMAs, with the 200-day at $98.39; RSI (14) at 65.3 signals overbought conditions
- —Aave V4 now accepts seven tokenized Coinbase stocks as collateral for USDC loans on Base
Why it matters: The rebound signals renewed DeFi demand after the liquidation flush, but overbought conditions and resistance at $155.44 raise the risk of consolidation.
Source: DiarioBitcoin