$AAVE /USDT

🧠 AAVE/USDT Overview

Current Price: $266.48

24h Change: −7.72% 🔻

24h High: $290.50

24h Low: $263.58

Volume:

AAVE: 268,600.65

USDT: $74.20M

📊 Key Technical Levels

TypePriceNotesResistance 1$275.74First bounce rejection zoneResistance 2$280.13Mid-range resistanceResistance 3$290.5024h high; last major supplyCurrent$266.48Bearish zoneSupport 1$263.58Immediate support (24h low)Support 2$255–$250Historical support area from May

🔍 Technical Outlook

📉 Short-Term Trend: Bearish

Strong rejection from $290+, indicating active sell pressure

Near the daily low, signaling weak bid support

Still above key swing lows, but flirting with breakdown territory

📉 Volume/Momentum

Volume elevated → possibly capitulation or panic-selling phase

Momentum weak; RSI (implied) likely in the 30–35 range

📌 Trade Scenarios

🔻 Bearish Breakdown

Entry trigger: Break below $263.50 with volume

Target: $255 → $250

Stop-loss: Above $271.50

🔄 Relief Bounce Setup

Entry: Hold and bounce above $266.50 + reclaim $275

Target: $280 → $290

Invalidation: Rejection under $271 with weak volume

🧠 Strategy Notes

“Let price confirm direction near key levels — don’t pre-empt bounces in downtrends.”

Watch BTC/ETH behavior — their drops often magnify AAVE’s moves

A short setup looks favorable if support cracks; wait for a clean breakdown

Avoid longs unless reclaim of $275+ with momentum and volume

#BinanceAlphaAlert #FOMCMeeting #DAOBaseAIBinanceTGE #Write2Earn! #aave