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- The long/short ratio was 1.14, indicating strong bull feelings among merchants.
- The chain metrics revealed that the exchanges were witnesses of AAVE outflows worth $ 2.5 million.
Aave (aave) appeared bull, and based on his recent prices for the action on a daily time frame, it seems to be preparing for a massive rally.
During the recent drop in prices, the property has fallen to a key level of support of $ 285, which has a history of strong and solid prices.
Source: TraringView
Since the beginning of December 2024, Aave has reached this level of support several times, every time he has experienced a huge growth or a reversal of prices.
However, the market mood seems to be recovering currently, which seems to support Altcoin.
$ 2.5 million out of outflows
Considering Token’s bulls, traders and investors, they showed a strong interest and confidence in Aave, Coinglass said.
The data from the video inflows/outflow reveal that the stock markets have witnessed AAA’s outflows worth $ 2.5 million in the last 24 hours.
When the exchange views the castings outflow, it usually indicates that whales or long -term holders accumulate because they pull their property to their wallets. This outflow can create a significant pressure from buying and starting upside down.
Strong merchant bets
In addition to the participation of whales and long -term owners, the traders also strip to the long side, indicating a bull’s signal.
At the time of the press, the long/short coin ratio was 1.14, suggesting strongly bull feelings among merchants.
Source: COINGLAS
With a strong participation of Crypto Giants, Aave traded close to $ 308.50, at a time of print, experiencing a price increase of over 4.50% in the last 24 hours.
In addition, during the same period, data reveal that the volume of property trading has increased by 12%.
Aave Technical Analysis and Predict Predict
In addition to the positive looks around the token, the technical analysis of Ambcrypto suggests that the token is on the edge of the rally of 30%. This prediction is based on the creation of a bull’s dual -bottom action form.
Read the prediction of Aave (Aave) price 2025–2026
In order for this significant set to appear, Aave must be maintained above the level of $ 285. Otherwise, it can succeed.
At the time of writing, the assets were traded above 200 exponential movement average (EMA) on a daily time frame, indicating ascending trend.
