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🔥 defi revival ignites aave rally to $400?! resistance at $417 & $527, profit-taking risks high with 97
is AAVE really gonna hit $400?? 📈🚨🔥 what’s with all this DeFi revival hype, should i
aave’s rally fueled by defi revival: $400 potential 📈. strong ethereum + demand for defi products boost aave’s recovery
Main to remember: The combination of a strong Ethereum and demand for decentralized financial products could benefit Aave 📈. Aave’s recovery to $300 and potential to reach $400 soon is promising, especially following news of possible rate drops by the Federal Reserve. Ethereum’s strength could boost Aave’s loan and development markets, hinting at a DeFi revival. Watch out for potential profit-taking signals for Aave holders 🚨. Source: Aave / USDT on tradingView.
Aave’s upward trend shows positive momentum, with resistance levels at $417 and $527 to monitor. The risk of profit-taking remains high, with 97.4% of Aave’s supply currently in profit, raising sell pressure concerns. Support levels around $300 are crucial, while caution is advised against profit-taking pressures despite potential gains ahead. Source: Glassnode.
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