šŸ”„ $AAVE /USDT – Bearish Pressure Persists Below Key Resistance šŸ”»

AAVE has dropped to $276.04, facing heavy selling pressure after failing to hold above the $290 zone. The price is struggling near the MA(7), and still below MA(25), suggesting the bears remain in control despite minor intraday bounces.

šŸ” Technical Analysis

• MA Trend: Price is hovering near MA(7) = $275.35, but still well below MA(25) = $289.15 — clear bearish structure.

• Support Zone: $267 – $270 is acting as a key short-term support; a breakdown here could lead to $263 or lower.

• Resistance Zone: $280 – $290 is a strong rejection area, reinforced by the MA(25).

• Momentum: Failing to break above moving averages with strength suggests limited upside unless trend shifts.

šŸŽÆ Trading Plan

šŸ”“ Bearish Continuation Setup

• Entry: $276 – $280

• TP1: $268

• TP2: $263

• SL: $285

🟢 Speculative Bounce Trade

• Entry: $267 – $270

• TP1: $280

• TP2: $288

• SL: $263

šŸ“Œ Note: Unless AAVE can reclaim $290+ with strong volume, the trend remains downward. Stick to short setups or wait for confirmed bullish signals.

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