Dough Finance loses $1.8M in flash loan attack
- DeFi Protocol Hack: Dough Finance, a DeFi protocol, lost $1.8 million in digital assets due to a flash loan attack where an attacker manipulated a smart contract to steal funds.
- Crypto Space Security Incidents: In the first half of 2024, the crypto space experienced over $1 billion in losses from security incidents, with phishing attacks and private key compromises being major contributors.
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Technical Analysis for AAVE
Technical Sentiment Analysis for Aave (AAVE) As of , Aave (AAVE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AAVE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AAVE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Aave (AAVE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 47.898 | 70.074 | 94.258 | 116.434 | 140.618 | 162.794 | 186.978 |
| Fibonacci | 70.074 | 87.784 | 98.724 | 116.434 | 134.144 | 145.084 | 162.794 |
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