Here is why AAVE could rally in the upcoming days

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Here is why AAVE could rally in the upcoming days
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AAVE (AAVE) price faces rejection by the weekly resistance level at $107.50, as of Thursday trades slightly lower by 2.2% at $105.27.

price faces rejection at the weekly resistance level of $107.50, break above it signals a bullish move. Lookonchain data shows that whales have accumulated 58,848

's Development Activity is rising, and Supply on Exchange is decreasing, suggesting a bullish outlook. Additionally, Lookonchain data shows that whales have significantly increased their holdings of in the past 2 days! 0x9af4 withdrew 11,185 $ price faces a rejection by the weekly resistance level at $107.50, which roughly coincides with the 50% price retracement level at $112.02 drawn from a swing high of $154.06 on March 13 to a swing low of $69.99 on July 5, making this level a key resistance zone. As of Thursday,

closes above the $112.02 level, it could extend an additional 18% rally to retest its April 11 high of $132.57. left the exchange than entered, indicating less selling pressure from investors. In

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