#MarketRebound

$AAVE shows a strong recovery after a sharp decline!

After dropping to a low of $271.68, it has shown remarkable resilience, rising above the $280 level.

This recovery follows a significant sell-off from the $290.50 area, indicating the potential for a short-term bottom formation.

Currently, the price is consolidating under slight resistance at $283.16.

A clean break above this level could open the door for a retest of the supply zone at $290–295.

However, failure to break above may attract new selling pressure towards $275.

🔍 The 15-minute chart shows upward attempts forming, but momentum needs confirmation with stronger volume.

Traders should monitor:

Break above: $283.16

Solid support: $279 and $275

Critical area to overcome: 290+

📌 Short-term outlook: Bullish with cautious optimism.

AAVEUSDT

Perpetual

261.86

+1.97%

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