AAVE recent trading volume has shown a significant anomaly, with 30-minute trading volume surging by 139.6%, and market participation has increased markedly. The current trading price is at 177.37 USDT, only 0.70% away from the key support level at 176.08.
From a technical perspective, this price range is a relatively important support level. Usually, such a sharp increase in trading volume often indicates that the market may be about to move—whether it will rebound or break downward still needs to be confirmed by subsequent trends.
If you're interested in participating in this wave, you might consider going long around 176.08, with the upper resistance target at 180.1. However, it’s important to note that increased trading volume does not necessarily mean an upward move; close observation of the subsequent price trend and whether the trading momentum can be maintained is essential to determine whether this anomaly is a true breakout or just a fleeting moment.
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zkProofGremlin
· 6h ago
Such a large move, don't come with a false breakout again. We haven't recovered from the last one yet.
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NewDAOdreamer
· 6h ago
Bro, this wave of trading volume is exploding, it feels like it's about to break out.
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gm_or_ngmi
· 6h ago
The trading volume is soaring so wildly, it doesn't seem like a good sign.
Quickly run away or buy the dip, that's the question.
Playing the support level game again, can 176 hold?
139.6% this data is a bit scary, I always feel like it's a trap to lure more buyers.
Repeatedly tugging between 176 and 180, I've seen this trick too many times.
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WagmiAnon
· 6h ago
The trading volume is so intense that it makes me feel unreal. We really need to keep a close eye around 176.
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PensionDestroyer
· 7h ago
Coming back with the same trick? Increasing trading volume to lure people into the market, I think it's mostly a false breakout before a dump.
AAVE recent trading volume has shown a significant anomaly, with 30-minute trading volume surging by 139.6%, and market participation has increased markedly. The current trading price is at 177.37 USDT, only 0.70% away from the key support level at 176.08.
From a technical perspective, this price range is a relatively important support level. Usually, such a sharp increase in trading volume often indicates that the market may be about to move—whether it will rebound or break downward still needs to be confirmed by subsequent trends.
If you're interested in participating in this wave, you might consider going long around 176.08, with the upper resistance target at 180.1. However, it’s important to note that increased trading volume does not necessarily mean an upward move; close observation of the subsequent price trend and whether the trading momentum can be maintained is essential to determine whether this anomaly is a true breakout or just a fleeting moment.