🚨 $AAVE /USDT – Breakdown Brewing or Bounce Loading? 🔥
$AAVE is dancing just below its mid-range resistance as bearish momentum builds. Will it find support near $250 or slip further?
📊 Market Overview
📍 Current Price: $254.50
📈 24h High: $264.19
❄️ 24h Low: $239.25
📊 Bollinger Bands (20,2):
• Upper Band: $264.04
• Middle Band: $256.47
• Lower Band: $248.90
📉 MACD Momentum:
• DIF: -0.19
• DEA: 0.21
• MACD: -0.40 (Bearish crossover alert!)
📈 AAVE Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If AAVE Holds Above $248.90):
• Entry: Above $256.50
• Targets: $264.00, $270.00, $279.50+
• Stop-Loss: $247.00
🔹 Bearish Scenario (If AAVE Falls Below $248.00):
• Entry: Below $248.00
• Targets: $239.00, $229.00, $220.00
• Stop-Loss: $256.50
🔍 Hold or Fold?
❌ MACD shows building bearish momentum
✅ Bollinger Band support near $249 could offer a short-term bounce
⚠️ Watch how price reacts around $256—rejection here could confirm a deeper move down
💡 Pro Tip:
• Bulls need to push above $256.50 for a shot at reclaiming $270+
• Weak bounce with low volume = warning for long positions
📢 Will you long the support or short the rejection? Let’s strategize in the comments!
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