🔻 $AAVE Slips to $293 — Bounce Rejected or Just Cooling Off?

#AAVE is down -4.34% today, trading at $293.40 after briefly reclaiming the 25-day MA. The rally from $231 has lost steam near $338, and now price action looks a bit shaky. 🧐

📉 What’s playing out:

• Struggling to hold the 7-day MA ($293.36) — a key short-term support

• The 25-day MA ($303.87) has flipped into resistance

• Volume is tapering off, signaling reduced buyer momentum

• Holding above the 99-day MA ($254.08) — so macro structure isn’t broken (yet)

A daily close below $290 could trigger a sharper retrace toward the $260–$250 zone. Bulls need to reclaim $305+ quickly to keep upside hopes alive.

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