$AAVE
The current trend is clearly bearish on the hourly chart.
Price: $124.90
It broke below the EMA7, EMA25, and EMA99.
Last low: $124.07, which is the nearest support.
🔻 A break of $124.07 may push it toward $123.48, then to lower levels.
🔺 The first improvement signal would be a recovery of $126.18, then a break above $127.99 and holding above it.
The SAR indicator is also above the price, supporting the continuation of selling pressure.
The current trend is clearly bearish on the hourly chart.
Price: $124.90
It broke below the EMA7, EMA25, and EMA99.
Last low: $124.07, which is the nearest support.
🔻 A break of $124.07 may push it toward $123.48, then to lower levels.
🔺 The first improvement signal would be a recovery of $126.18, then a break above $127.99 and holding above it.
The SAR indicator is also above the price, supporting the continuation of selling pressure.