$AAVE Testing Crucial Support – Reversal Loading?
Aave is currently showing a classic "accumulation" pattern at the $110 level. After a period of cooling off, the "King of DeFi" is flashing signs of a bullish divergence on the daily RSI.
• Key Support: $107.61 (The line in the sand for bulls).
• Immediate Target: A break above $123.18 opens the door for a move toward $137.82.
• Sentiment: While the mid-term has been volatile, the protocol’s $27B+ TVL (Total Value Locked) remains rock solid, suggesting the token price is lagging behind actual utility.
The Play: Look for a high-volume breakout above the $123 resistance to confirm the trend shift.
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