Falling Knife or Golden Catch?
$AAVE ’s Bounce Zone Is Here.....
$AAVE has dropped sharply to the $261 support the lowest point of the day creating a potential bounce zone with rising buy interest on the order book. A recovery move could be brewing.
LONG Trade Setup
Entry Zone: $261.50 – $263.00
TP1: $268.80
TP2: $274.60
TP3: $281.00
Stop Loss: $258.50
📊 Trade Insight:
After a heavy drop, $AAVE is showing signs of exhaustion near the $261 demand zone. If bulls step in with volume, we could see a sharp relief bounce. This setup is high-risk, high-reward — ideal for reversal traders.
The chart may be red, but opportunity often hides in fear.