🧠 $AAVE Under Pressure — Or Setting Up For a Snapback Rally? 🔁

AAVE/USDT is trading at $260.45, down -5.27%, slightly below 7 EMA support at $260.88.

The drop found buyers near $257.37 — a critical zone that’s been defended before.

Short-term recovery likely if bulls reclaim above EMA(25) at $264.78.

EMA(99) at $266.01 remains the key resistance to flip for momentum shift.

Volume is strong with 107.8K AAVE traded — signs of shakeout phase.

A bounce play is favored here if price holds above $257.

Watch for confirmation candle near $262+ — could trigger fresh buying.

Reversal setup forming on oversold RSI and strong wick rejection.

🎯 TP1: $268.00 | TP2: $274.00

🛡 Stop Loss: $255.00

#AAVE #DeFiSetup #CryptoRebound #AltcoinTrading #BinanceSignals $AAVE