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AAVE Plunges Below Critical Support - Crypto Bloodbath Continues

AAVE Plunges Below Critical Support - Crypto Bloodbath Continues

Author:
CoindeskEN
Published:
2025-10-09 18:43:27
9
2

AAVE Plunges Below Key Support Levels Amid Broader Crypto Weakness

DeFi giant AAVE just shattered multiple support levels in a brutal market-wide selloff.

The Technical Breakdown

Key resistance crumbled like stale bread as AAVE joined the broader crypto rout. The token sliced through support zones that traders had marked as 'must-hold' levels on their charts.

Market Domino Effect

When majors bleed, alts hemorrhage—and AAVE caught the full force of this crypto truth. The entire DeFi sector got dragged down in the wake of Bitcoin's weakness.

Another 'healthy correction' according to the suits who sold at the top. Meanwhile, retail bags get heavier by the minute.

|Square

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