$AAVE /USDT Analysis – Critical Retest or Breakdown Incoming? 💥
🔹 Current Price: $270
🔹 24h High / Low: $282.84 / $266.90
🔹 Timeframes Observed: 1H ⏱ | 4H ⏱
🔹 Trend Bias: Neutral-to-Bearish 🔻
🔹 Trade Type: Short-Term Intraday Watch 👀
📊 Chart Breakdown: On the 1H chart, $AAVE is forming a low-volume consolidation zone after multiple bearish candles. Price is resisting at the 20 EMA ($270.20) and remains under the 50 EMA ($271.73), indicating seller dominance. RSI is flatlining near the midline – no strong momentum seen yet.
In the 4H timeframe, the $AAVE price attempted a recovery but failed to close above the 20 EMA. A series of lower highs suggest weakness. However, we can observe strong horizontal support around the $266.90–$269.00 zone. If broken, it may accelerate toward $260.92.
📌 Key Levels:
Resistance: $271.73 ➡️ $278.47
Support: $266.90 ➡️ $260.92
📉 Trade Setup Idea:
🛑 Short Entry Zone: $270–$272 (if rejection continues below 20 EMA)
🎯 Target: $266 → $261
🛡️ Stop-loss: $274+ (on strong reclaim)
⚠️ Avoid fresh longs unless $278 breakout with volume.
💡 Pro Tip: Watch RSI crossing over on the 1H with volume breakout above $271.80 to validate short-term recovery.
🧠 Trader's Takeaway:
"A retest of structure isn't a buy signal. Wait for confirmation, or you're gambling, not trading." 🧘♂️
📛 Disclaimer: This is not financial advice. Trade based on your own research and risk management.