$AAVE /USDT – BEARISH MOVE IN PLAY! 🔻📉
The DeFi giant $AAVE is showing bearish momentum as it drops to $275.06 (-3.13%), signaling weakness after failing to hold above key moving averages.
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📊 KEY TECHNICAL LEVELS:
Current Price: $275.06
Resistance Zones:
🔺 $280.50 – Minor Resistance (Near-term)
🔺 $288.40 – $291.50 – Major Resistance (24h High / MA Confluence)
Support Zones:
🔻 $273.40 – 24h Low / Immediate Support
🔻 $272.00 – Critical Support Level (if broken, deeper downside likely)
Moving Averages:
🟡 MA(7): 276.30
🔵 MA(25): 277.45
🔴 MA(99): 282.87
(Price is below all key MAs, confirming downtrend)
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💥 TRADE SETUP – SHORT OPPORTUNITY 💥
Entry: $275.00 – $276.00
Stop Loss (SL): $280.60 (above near resistance/MA7)
Take Profit (TP):
🎯 TP1: $272.50
🎯 TP2: $268.00 (extended target)
🧠 Trade Logic: Price rejection from MA cluster, decreasing momentum, and breakdown from range lows support this short bias.
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⚠️ RISK MANAGEMENT 📌
Risk only 1-2% of your capital per trade. Always use SL. Avoid over-leverage. Manage emotions—discipline wins. 🧘♂️💼
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📉 Stay sharp, trade smart! #CryptoTrading #AAVE #TechnicalAnalysis #BearishSignal #CardanoDebate #IsraelIranConflict #BinanceHODLerHOME #Write2Earn $AAVE
