$AAVE – STRONG BEARISH MOMENTUM AS SUPPORTS WEAKEN
$AAVE has broken down from the $301–$311 support zone, dropping to $293.66 before a slight bounce. The sharp rejection from $317.70 and sustained selling pressure confirm that bears remain firmly in control. If price fails to reclaim $311, the next targets lie at $290 and $284.
Trade Setup – Short Bias
Entry: $297 – $301
Targets: $293, $290, $284
Stop Loss: $311 above resistance
With red volume bars increasing and trend structure pointing down, sellers are likely to dominate unless bulls stage a strong recovery above $311.