AAVE faces $100 test after Revolut’s $6.44M transfer: Can buyers stay in control?

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Revolut transferred more than $6.44 million worth of AAVE from its cold wallets to Coinbase within a single day, reviving concerns over fresh supply hitting exchanges. Despite this movement, buyers continued defending the token’s uptrend, which traded around $98.21 at the time of analysis. OI-Weighted Funding Rates remained positive at 0.0045%, indicating that long-position traders maintained their exposure with a bullish premium. The $100 resistance level represents the immediate obstacle to a decisive breakout, while the $90 support marks the next validation point for the current uptrend.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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