Aave [AAVE] Flips $180 to Support, Targets $206 Resistance

Aave [AAVE] rallied by 49.7% in the last five days, pushing past its local high at $180.74. The altcoin had established the $137-$140 region

Aave (CRYPTO: AAVE) rallied by 49.7% over the last five days, pushing past its local high at $180.74.

What Happened: Aave declined below its support at $137-$140 on November 4, following which the altcoin quickly rallied, showcasing bullish intent.

The altcoin had a chance to push past its local high on November 7, following which Aave slipped below the key support on November 8.

However, the bulls were able to defend the $180-level on Wednesday, pushing the altcoin back up once more.

Aave's rally faced resistance at $180.7 on Monday, leading to a downturn on Tuesday. But the bulls managed to keep Aave above the $180 support on Wednesday.

Aave burnt / Token Burn Update summary♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬♬ ♬♬♬♬♬♬♬♬♬♬ ♬

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