$AAVE Slips After Local High – Buy the Dip or More Downside Ahead?

After tapping a 24h high of $268, $AAVE has retraced to $253.76 (-2.05%), finding support near the day’s low at $253.14. Despite the short-term dip, AAVE still flexes a +49.99% gain in 90 days and an impressive +173.52% over the year — signaling strong mid-to-long-term momentum.

🧠 Key Insight: With a solid 73% buy-side interest, the pullback could offer a buying opportunity for bulls waiting on a better entry. But caution is warranted as the daily and 30D trend remains under slight pressure.

📊 Trend Outlook:

RSI cooling down 🔽

Mid-range consolidation possible

Eyeing next support at $248 and resistance retest near $260+

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📌 Disclaimer: This is not financial advice. Crypto trading involves risk. Always DYOR.