📈 $AAVE /USDT Trendline Breakdown Analysis
AAVE just experienced a sharp breakdown from the short-term upward trendline, breaking below the key moving averages (EMA 20, 50, and 100) — a sign of short-term weakness. Price hit a low of $248.88, showing clear panic selling.
However, RSI is at 22.79, indicating strong oversold conditions. Historically, such deep dips often reverse quickly when buyers re-enter from support zones.
🔻 Trendline broken near $260
🔹 Current Price: $250.76
🔹 Support: $248.00
🔹 Resistance: $259.50
📉 MACD shows bearish momentum fading
📈 Potential for bounce-back if support holds
💡 Thought: The trendline break may scare weak hands — but it’s a golden chance for smart buyers to enter at the bottom before reversal begins!
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