$AAVE and the "dance" with WLFI rumors 🎢
AAVE just experienced a drop from 385 USD to 330 USD, causing concern among many. However, on-chain data tells a different story: reserves on the exchange decreased by 4.33%, whales increased accumulation by 13.49%, and the 339 USD level became a solid support point. This indicates that the correction is only temporary, and the uptrend remains intact.
According to technical analysis, AAVE could target 430 USD if it surpasses 371 USD. Conversely, the 275 USD mark will be the "life-and-death boundary" to watch.
👉 Main trend: AAVE continues to maintain its growth "form", but traders still need to keep a cool head.
Not financial advice, just crypto vibes 😎