Aave’s $124.64 support faces pressure from a bearish hourly trend

As of November 10, 2026, the Aave price trades at $124.71 on Binance ‘s daily snapshot, just above the daily EMA200 at $124.64. The daily scenario remains neutral with a defensive tilt, while the hourly structure is bearish. Key takeaways AAVE trades at $124.71, just above the daily EMA200 support at $124.64. Daily RSI sits at 44.6, while the hourly reading of 33.0 approaches oversold territory. A daily close below $124.64 would confirm a breakdown, while an hourly close above $126.87 would support a rebound. The Fear & Greed Index reads 32 as total crypto market capitalization falls 3.48% in 24 hours. The dominant force is short-term downside pressure against longer-term support, so a rebound is plausible but not yet a trend reversal.

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