*๐ Is AAVE Gearing Up for a Major Rally? Eyes on the Reversal Zone! ๐๐ฅ*
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๐ *Current Price:* *261.94* (-6.35
AAVE has seen a sharp pullback, but this dip could be the setup for a strong reversal bounce.
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๐ *Trending Signals:*
๐ *RSI:* Dropping toward 40 โ entering oversold territory
๐ *MACD:* Bearish but flattening โ early sign of momentum shift
๐ *Price:* Testing key support near255โ260 (a previous demand zone)
๐ Volume: Declining on the dump = seller exhaustion potential
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๐ฏ *Key Targets:*
- *Support:*255 (critical short-term support)
- *TP1:* 278 (initial bounce target)
- *TP2:*295 (swing target)
- *TP3:* 315+ (if momentum builds)
- *SL:* Below250 (pattern invalidation)
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๐ฎ *Prediction & Analysis:*
If AAVE holds above 255 and buyers step in, it could spark a recovery move toward278โ295. A clean breakout above $300 would confirm bullish reversal. Ideal DCA zone for swing traders looking for a risk-managed entry.
This could be a dip worth watching closely. ๐๐
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