AAVE/USDT
(4H) is in a weak recovery phase, consolidating below key resistance levels. Price remains under the 100 EMA (green), and 200 EMA (blue), indicating a bearish trend. A rejection near the 200 EMA suggests strong resistance, with sellers still in control.
The RSI sits at 53, showing neutral momentum, while the MACD histogram is flattening near the zero line, hinting at a possible trend shift. A decisive break above $263-$277 (EMA cluster) could signal bullish continuation, while rejection may lead to another test of $256 support.
Volume remains lackluster, indicating a lack of conviction in either direction. A breakout with strong volume would confirm the next move. Key levels to watch: $263 (short-term resistance), $277 (major breakout zone), and $256 (critical support).
Outlook: Neutral-bearish. Bulls need a breakout above $277 to flip momentum; otherwise, rejection could trigger a drop toward $250 or lower.