🚀 AAVE Breaks Resistance and Gains Strength with Optimism in the DeFi Sector
AAVE broke the technical resistance at $311.50 with strong volume, rising 3.8% in 24h and accumulating a 25% increase over the week.
💥 The movement was driven by positive comments from the SEC about regulatory relaxations in the DeFi sector, which excited investors and attracted liquidity to the token.
📈 Technical analysis shows:
Strong support between $302.35 and $302.52
Volume exceeding 179 thousand units in 12h UTC, over 140% above the average
Formation of an ascending channel and Fibonacci retracement at 38.2%, signaling possible continuation of the uptrend
🔍 The token consolidated between $312–312.60, suggesting stabilization before a new leg up.
💬 Analysts are now discussing targets of up to $1,000 in the long term, with solid fundamentals and a relevant role in the global DeFi ecosystem.