🚀 $AAVE /USDT – Testing support at 290 amid volatile momentum 🔄
The price has retreated from resistance at 296 and is now testing a strong support area at 290.0.
If it holds above this, we may see a bounce towards 293 – 296,
while breaking below 289.0 could open the door for a deeper correction towards 286.0 📉
📥 Entry zone: 290.0 – 291.0
🛑 Stop loss: below 289.0
🎯 Target 1: 293.0
🎯 Target 2: 296.0
📊 Technical outlook:
Support at 290 has proven effective before, and momentum indicators support the likelihood of a bounce.
A stable breakout above 296 could push the price towards 300 then 315
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