Aave Price Approaches Critical $145 Support Amid Market Volatility

Crypto Market Update: Aave (AAVE) Price Dynamics

Aave's price dipped by nearly 10%, reaching around $153. It is currently trading between $155-$160, with a potential breakout on the horizon.
The AAVEUSD 4-hour chart indicates a falling wedge pattern, suggesting possible consolidation after sustained decline.
The key support zone is at $144, crucial for determining the next price move.
Sustaining above $145 could lead to a rebound towards resistance levels of $162 and potentially $200.
If the $145 support fails, a downside move towards $125 may occur, continuing the bearish trend.

AAVE Current Price and Trading Volume

At press time, AAVE is priced at $156.99, reflecting a 0.76% decrease in the last 24 hours.
Daily trading volume increased by 6.07%, amounting to $362.59 million.
The price is nearing a critical point at $144.93, which will be pivotal in determining future price direction.

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