$AAVE /USDT short trade signal 🚦 🔴
based on the current market snapshot:
$AAVE /USDT
SHARP DROP FROM $309 LEVEL
BEARISH MOMENTUM PERSISTS BELOW $280
SUPPORT ZONE AROUND $260 IN FOCUS
AAVE is currently trading at $271.80, down -8.80% in the last 24 hours. After failing to hold above the $300 resistance zone, AAVE retraced aggressively, breaking below the key $280 level. While a whale accumulation was reported, price action remains weak, hovering just above immediate support near $261.56.
📉 Trade Setup: SHORT (momentum-based continuation)
Entry: 272–275
Target 1: 260
Target 2: 248
Stop-loss: 284
🔭 Market Outlook: Bearish — AAVE shows strong correlation with the broader DeFi sector sell-off. If it loses $260 support, further downside may accelerate.
#AAVE #MarketPullback #DeFi #BearishTrend #Altcoins
buy and trade here on $AAVE
