AAVE has recently experienced several unusual movements, the most obvious being a sudden 37% surge in 30-minute trading volume. Such a sharp increase in volume usually isn't a good sign—it often indicates that a major price move is imminent.
The current price remains steady at around 167.4 USDT. From a 1-hour perspective, the 165.7 level is a relatively strong support, only 0.49% away from the current price, which is quite close. If the price really drops to this level, there's a good chance of a rebound.
From a trading standpoint, you might consider placing a long order around 165.7, with the target set at the resistance level of 175.21—about a 4.6% potential upside from the current price. With such a strong surge in volume, the subsequent market movement is definitely worth close attention—don't miss this possible breakout opportunity.
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ServantOfSatoshi
· 01-08 18:30
A 37% surge in trading volume is generally not a good sign; it can easily lead to a market dump.
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TheVillageChief_sWife
· 01-08 09:22
It's been 168 days, and it's still hanging on the tree😷
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SchrodingerWallet
· 01-08 05:56
With such a huge trading volume, once 165.7 is broken, you really need to run.
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MEVHunter
· 01-08 05:54
37% surge in trading volume... smelling the blood in the mempool, this move definitely involves big players laying out their plans.
Is this a flash loan operation or a sandwich attack? Need to keep a close watch.
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GasGuru
· 01-08 05:53
I'm really a bit cautious about such a surge in trading volume; last time it happened, it broke through directly.
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GateUser-4745f9ce
· 01-08 05:50
A 37% surge in trading volume is no small matter; this wave definitely needs attention. If the support at 165.7 breaks, caution is required, but the rebound potential up to 175 still looks promising.
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MidnightGenesis
· 01-08 05:31
On-chain data shows that this wave of trading volume is abnormal; it depends on what’s happening at the contract level.
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TokenStorm
· 01-08 05:28
37% increase in transaction volume, is this going to be another prelude to a new round of profit-taking... but on the other hand, the 165.7 level is indeed very strong, I’m betting on it.
AAVE has recently experienced several unusual movements, the most obvious being a sudden 37% surge in 30-minute trading volume. Such a sharp increase in volume usually isn't a good sign—it often indicates that a major price move is imminent.
The current price remains steady at around 167.4 USDT. From a 1-hour perspective, the 165.7 level is a relatively strong support, only 0.49% away from the current price, which is quite close. If the price really drops to this level, there's a good chance of a rebound.
From a trading standpoint, you might consider placing a long order around 165.7, with the target set at the resistance level of 175.21—about a 4.6% potential upside from the current price. With such a strong surge in volume, the subsequent market movement is definitely worth close attention—don't miss this possible breakout opportunity.