AAVE’s Downward Spiral: Unraveling the Bearish Outlook

The decentralized finance token AAVE currently stands at $63.20, marking a 3.6% decrease within the last 24 hours. This is after a bearish breakout from the Channel Up pattern and below the 200-day Moving Average ($72), signaling the token’s reentry into a downtrend phase. Considering the market’s overall performance, this downturn paints a rather gloomy […]