Technical analysis by SoftQuant about Symbol AAVE: Buy recommendation (9/13/2024)

As the overall market and Ethereum falls we have seen price enter recovery phaseRecovery phase forming a 'pressure cooker' can be extremely powerful sign of stable recoveryThe lending space has continued to boom with AAVE deposits at all time highs. Deposits keep increasing as Ethereum Foundation adds more ETH into AAVEKeep an eye on how lending space moves within this forming pressure cooker