The post AAVE Breaks Structure After Sharp Sell-Off — Can Buyers Defend This Zone? appeared first on Coinpedia Fintech News
AAVE price saw a sharp shift in intraday structure after price slid from the $175–176 zone toward the mid-$150s, marking a near 10% drop within a few hours. The move unfolded quickly. With volume expanding by more than 220%, which is a classic sign of aggressive supply hitting the market rather than slow distribution.
For traders, the key question is no longer what triggered the drop, but what comes next. With AAVE now trading below its recent value area, attention turns to whether buyers can defend current levels or if the market is setting up for further downside continuation.
What Happened: Whale Activity Drives the Move
Shortly after AAVE broke below its intraday support, on-chain data revealed that a large holder had begun offloading a significant position. The timing of the transactions aligned closely with the surge in sell volume and the r
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