AAVE has displayed bullish momentum after rejecting a market gap and holding support at a trendline. With a more than 5% bounce in the past day, market confluence around $270 indicates a strong short-term structure, reflecting positive signals for traders.
The Stochastic RSI for AAVE exists in potential bullish territory, suggesting a push for renewed strength. Despite diminishing exchange outflows, which shows big holders are not accumulating rapidly, there are cautious signals in spot trading volume, indicating the market is stabilizing as investors await direction.
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