🚨 $AAVE Bulls Are Cornered — Is the $117 Support About to Collapse?


💰 Price: $118.85
🔴 RSI: 35.8
📊 Market Cap: ~$1.89B

⚠️ WARNING SIGNS

- Price below 7 of 8 major moving averages.
- Selling pressure remains strong.
- Oversold conditions could trigger a short bounce.

📍 KEY LEVELS

- Support: $117.76
- Major Support: $113.62
- Resistance: $123.77
- Strong Resistance: $127.48

🟢 Above $123.77 → Recovery attempt.
🔴 Below $117.76 → Further downside risk.

MY VIEW: Short-term trend is bearish. Bulls need to reclaim $123.77 to regain control.

🔥 WILL AAVE DEFEND $117 — OR FACE ANOTHER SHARP DROP?

#AAVE #DeFi #Crypto #Altcoins #Trading