🔥 $AAVE is sitting at a critical decision zone! 🔥
Current Price: $242.87
Trend: Mildly bearish (short-term)
Volatility Spike Imminent
🧠 Key Technical Takeaways:
MA Battle Zone:
Price < MA(7) = 243.14 → Slight weakness short-term
Price < MA(25) = 246.60 → Mid-term momentum fading
Price << MA(99) = 256.24 → Still under long-term pressure
Support Levels to Watch:
Immediate: $240.47 (today’s low)
Major: $239.26 — if this breaks, freefall to $230 possible
Resistance Levels:
Minor: $245.18 (intraday bounce level)
Major: $252.34 (24h high) and $256+ (long-term trend resistance)
Volume Spike Alert 🚨
Volume building toward 2.6K with MA(5) at 5.1K
If volume catches up, breakout or breakdown likely within 24–48 hours
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🧨 What’s the Play?
💰 If Bullish:
Buy zone: $240–243
Target 1: $252, Target 2: $260+
Stop loss: $239
🔥 If Bearish:
Watch for rejection near $245–246
Short targets: $235, then $228
Stop loss: $248
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🔮Forecast
If Bitcoin stays stable or rallies, AAVE could springboard off $240 into a short squeeze up to $260. But if BTC wobbles, AAVE is ripe for a dive to $230 or lower — it’s riding a knife’s edge.