🔻 $AAVE /USDT – Falling Knife or Bargain Opportunity? 🩸
$AAVE has pulled back -4.78% to $276.12 amid DeFi sector pressure. RSI is flashing oversold—bounce incoming or deeper drop? Let’s break it down. 📉📈
📊 Market Overview
📍 Current Price: $276.12
📈 24h High: $295.75
📉 24h Low: $271.68
📦 24h Volume: 265.48K AAVE / $75.22M USDT
📉 RSI(6): 30.28 → Near oversold territory
📉 MACD: Bearish momentum increasing
📐 Moving Averages:
MA(7): 278.99
MA(25): 284.34
MA(99): 279.82
🎯 Trade Setup – What to Watch
🔵 Bullish Bounce Setup (Oversold Reversal Play):
Entry: Above $278.50
Targets: $286.00, $294.00, $308.00
Stop-Loss: $271.00
🔴 Bearish Breakdown Setup (Continuation):
Entry: Below $271.50
Targets: $258.00, $245.00
Stop-Loss: $278.00
⚠️ Analysis
RSI is hovering near 30 → possible short-term rebound
But MA cluster suggests resistance ahead: price under all major MAs
MACD confirms bearish divergence
Volume down from recent highs → watch for confirmation before entries
🧠 Pro Tip:
📌 $271 is your must-hold support
📌 $286–$295 is key resistance zone
💣 Break below $270 = trend collapse. Stay sharp!
💬 AAVE holders—loading the dip or waiting for confirmation? Let’s discuss!
👍 Like & Share this chart if you're eyeing DeFi plays! 🔁
AAVE
275.92
-5.07%
