🔻 $AAVE /USDT – Testing Support in a Bearish Channel!
$AAVE is trading at $260.26 after a sharp drop, touching a 24H low of $255.16. The price is hugging the lower Bollinger Band, indicating strong selling pressure—but also hinting at a potential short-term relief bounce.
📊 Market Snapshot:
24H High: $271.08
24H Low: $255.16
Volume: 162K AAVE
Trend: Downtrend on 4H; watch for bottoming signs
📈 Trade Signal Plan:
🔹 Entry Zone: $258 – $262
🎯 TP1: $267
🎯 TP2: $275
🎯 TP3: $285
🛑 Stop Loss: $252
If $AAVE holds above $255 support and breaks the mid-Bollinger at $272.97, a short-term reversal could play out. Watch volume closely!