$AAVE /USDT

MetricValueCurrent Price$246.32 (▼ -3.03%)24h High$264.5124h Low$241.9824h Volume (AAVE)146,236.7124h Volume (USDT)$37.36MExchangeBinanceCategoryDeFi / Blue-Chip DeFi

⚙️ Technical Overview

🟠 Short-Term Bias: Bearish-Neutral

Price Action: Pullback from $264+ highs to test $242 support

Volume: Healthy — suggests both buyers and sellers active

Trend: Short-term rejection from resistance; still within a broader consolidation

📐 Key Levels to Watch

TypePrice ($)DescriptionResistance 1$257.00 – $264.00Local high zone, prior sell-off rangeResistance 2$275.00Major resistance from May highsSupport 1$241.9824h low; key to holding short-term trendSupport 2$238.00Break level from early JuneSupport 3$226.00 – $228.00Strong structure from prior base

🎯 Trade Setup Ideas

🟢 Reversal Play (if support holds)

Buy Zone: $241.50 – $243.00

Stop: Below $238.00

Target 1: $255.00

Target 2: $263.00

Risk/Reward: ~2.2:1

🔴 Breakdown Short (if $241 fails)

Short Trigger: Clean break below $241.50 with volume

Target: $228 – $230

Stop-Loss: Close back above $245

🔮 Mid-Term Outlook (1–3 Weeks)

ScenarioTargetNotesReclaims $257+ with volume$275 – $280Breakout continuation (DeFi momentum required)Holds $242 and grinds up$263 – $265Bullish grind scenarioBreaks below $241 on volume$226 – $230Bearish, back to base structure support

✅ Summary

AAVE is under short-term pressure but sitting on a critical support zone ($241–$243).

A bounce is likely if BTC and DeFi sentiment remain steady.

Clean reclaim above $257 flips bias back to bullish.

Watch for high-volume move below $241 for short setups.

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