$AAVE /USDT – Bearish Momentum Building
$AAVE has failed to hold above its key moving averages, showing weakness below the 25 and 99 MA levels. Short-term structure is leaning bearish, especially with lower highs forming and volume declining.
Current Price: $227.08 (–2.72%)
24H High/Low: $235.29 / $223.78
Key MAs:
Trade Setup (Short):
Entry Zone: $227 – $229
TP1: $222.50
TP2: $218.30
TP3: $212.00
SL: $231.00
Market Insight:
Price rejection from $229+ zones and failure to reclaim MA(99) suggests bears have short-term control. A break below $223.50 with volume confirmation could open further downside.
Pro Tip:
Look for a 1H close below $224.00 for confirmation of breakdown continuation.
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