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AAVE Set for Reversal: Can it escape the accumulation zone?

AAVE’s price is at 267.39 USD, reflecting a 5.07% increase within the past day. This upward movement suggests potential for further gains.

Open interest for AAVE has surged by 23.76%, indicating strong trading activity, with a total of 290.79 million USD. This suggests traders anticipate increased volatility in the market.

AAVE faces key resistance at 270 USD, 279.03 USD, and 333.21 USD. Successful breaks above these levels may lead to continued upward momentum, crucial for traders to monitor.

This is community-generated content, not advice from ONUS.
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