$AAVE 's current price is testing the lower Bollinger Band at 260.16, suggesting potential oversold conditions.
With a recent loss of 3.99%, caution is warranted, as the price is near key support at 258.05.
If it breaks below this level, further downside may materialize.
Resistance is evident at 273.77, so keep this in focus for potential reversals.
Volatility appears to be contracting, indicating a potential market consolidation phase.
Consider placing a stop-loss slightly below 258.05 to manage risk.
It may be prudent to wait for confirmation of support before entering a position.
