The buying power is appearing at the $375 zone and if it doesn't lose this zone, in the next few days, AAVE can rise sharply to the $475 and $600 zones. But if it loses the $375 zone, it will fall back to the $300 zone

📈RED PLAN
🔴Buy : 365-385$. SL if B
📉BLUE PLAN
🔴Sell : 465-485$. SL if A 🔴Sell : 585-615$. SL if A
🟣PURPLE PLAN
🔵Sell : 365-385$ if B. SL if A 🔵Buy : 293-307$. SL if B
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Aave protocol is a decentralized, open-source, and non-custodial money market protocol.
  • Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools.
  • Similar to other DeFi platforms (e.g., Compound, Fulcrum), deposits are tokenized as aTokens, which accrue interest in real-time. Aave Protocol supports more than 15 different assets, with a large selection of stablecoins.
  • AAVE tokens are used for fee reductions and will also be used for governance rights at the protocol level for future smart-contract updates. AAVE tokens are also burnt from the fees collected from the Aave Protocol.
  • Since January 2020, Aave protocol also offers undercollateralized solutions: flash loans allow developers to borrow instantly and easily without any collateral.