📉 $AAVE /USDT Market Overview

🪙 Current Price: $222.04

🔻 24h Change: -9.17%

🔗 Category: DeFi (Lending Protocol)

AAVE is experiencing a significant pullback, aligned with broader DeFi weakness and overall crypto market retracement. Price action is testing key support levels.

📊 Key Market Metrics

MetricValue24h High$246.4124h Low$218.81Current Price$222.0424h Volume (AAVE)280,881.22 AAVE24h Volume (USDT)$64.85M

📉 Depth & Key Levels

Resistance LevelsSupport LevelsR3: $251.73S1: $218.81 (local low)R2: $244.83S2: $210.00 (previous bounce)R1: $231.04S3: $195.00 (March support)

🔍 Technical Picture

Trend: Strong short-term downtrend

Volatility: Elevated — 24h range of nearly 11.2%

Liquidity: Deep enough for swing trades, but caution warranted during high volatility

Volume Spike: Suggests capitulation or liquidation-driven dip

🎯 Trade Considerations

🧷 For Potential Longs:

Bounce Zone: $215–$218

Recovery Target: $231 → $245

Breakout Trigger: Daily close above $247 with rising volume

⚔️ For Short Bias:

Below $218 opens room to $210 or even $195

Consider tight stops above $225 during chop phases

⚠️ Caution

DeFi coins are high beta to ETH — further weakness in ETH may drag AAVE lower.

Watch ETH/USD and ETH/BTC correlations.

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