$AAVE SHARP REJECTION AT $270+, BULLS LOSING GRIP?
$AAVE/USDT is trading at $268.47, still up +2.54% on the day, but the latest rejection from the $270–$273 zone has triggered a fast pullback. Bulls need to hold the $267.80 support to maintain momentum.
Key Levels:
• Resistance: $270.60 – $272.90
• Support: $267.80 – $266.00
Trade Setup:
Bearish Scenario
Entry: Drop below $267.80
Targets:
• TP1: $265.00
• TP2: $262.00
Bullish Scenario
Entry: Break above $272.90
Targets:
• TP1: $275.50
• TP2: $279.00
Stop-Loss:
• Long: Below $267.80
• Short: Above $272.90
$AAVE made an impressive upward push, but the current red candle shows sellers are stepping back in. A bounce from $267.80 could reignite the rally—but if it breaks, expect short-term downside.