📉 $AAVE pulling back after topping out at $282.84!
Current Price: $249.37 (🔻-0.25%)
📊 24H Low: $240.00 | MA(20): $258.44
🔍 What’s happening?
$AAVE rejected hard from the $280+ zone and broke below the MA(20) on the 4H timeframe 🚨
Currently consolidating between $240–$255 — acting as a short-term demand zone ⚠️
📌 Levels to watch:
Key support: $240 → if lost, next zone lies at $224
Resistance: $255 → reclaim and flip = short-term bullish
MA(20) = strong trend guide — still pointing down
💣 Bearish view: Continued rejection under $258 = more downside
🔥 Bullish scenario: Strong bounce above $255–$260 could trigger another run toward $270+
💬 $AAVE bulls — is this the dip you're buying or waiting for lower entries? Let’s hear it 👇