🆘$AAVE Drops -3.16% — DeFi Blue-Chip on Discount! 📉🔵
🔹 Current Price: $259.05
🔹 24h Change: -3.20%
🔹 Pair: AAVE/USDT
〽️ Main reason AAVE “crashed” (decreased sharply)
1. AAVE is a highly leveraged DeFi token → when the price drops, many long positions are liquidated in a chain
2. Exchanges such as Binance, BingX or OKX have high funding fees in the previous period, showing that traders are leaning too long.
2. Although interest rates have not been raised, the dot plot (interest rate prediction chart) shows that the Fed will keep interest rates high for longer.
4. This causes money to withdraw from the risky asset market (including crypto).
5. AAVE belongs to the DeFi group → is assessed as high risk → suffers a stronger sell-off than BTC/ETH.
〽️ DeFi sentiment is bad
⛔️ DeFi tokens such as AAVE, COMP, UNI are all in a medium-term downtrend.
⛔️ Investors are shifting capital to memecoin, L2 or BTC ETF → money flow "abandons" AAVE.
🚫 If 255 is broken, the possibility of AAVE reaching 240–230 is very high.
📊 Trade Setup (Short Idea):
• Entry Zone: $255 – $266
• Take Profit 1: $245
• Take Profit 2: $230
• Stop Loss: $275
⛔ If the 230 zone is lost, AAVE will:
• Enter a “blank” zone: little previous trading volume → price may plunge
• Trigger stop-loss orders and chain liquidation
🔗 Trade AAVE/USDT now on Binance Square!
#AAVE #DeFi #BinanceSquare #CryptoTrading #BuyTheDip #CryptoGems #PassiveIncomeCrypto
