AAVE drops to $94, RSI straight down to 24—this is a level that, in the past, the bottom-fishing crew should have already started buying. But look at the volume-backed selloff: the bears are still hammering it. The $14M trading volume suggests the panic sellers haven’t fully cleared out. In the past 24 hours, the amplitude is only 5.5%, which means both bulls and bears are holding back—there’s just one big bullish candle away, or it keeps grinding lower and breaks down. Plain talk: either this is the golden pit, or the middle of a mountainside. Would you dare to catch a thrown knife at this point? Anyway, I’m still watching—I'll wait for a volume-confirmed reversal signal.
What do you think? Let’s discuss in the comments.
$AAVE #DeFi #buying the dip or catching a falling knife
What do you think? Let’s discuss in the comments.
$AAVE #DeFi #buying the dip or catching a falling knife