๐จ $AAVE IS BLEEDING! CAN BUYERS SAVE THE TREND? ๐ฐ
AAVE is under serious selling pressure, and bulls need to step in before another major leg down! ๐
After the recent decline, the market is showing strong bearish momentum. However, RSI is approaching oversold territory, so a relief bounce is possible.
๐ KEY LEVELS TO WATCH:
๐ด Major Resistance: $123.77
๐ก Next Resistance: $127.48
๐ข Immediate Support: $108.03
โ ๏ธ Next Support: $94.40
๐ป BEARISH SCENARIO: If AAVE loses the $108 support on a daily closing basis, further downside toward $94 could become possible.
๐ BULLISH SCENARIO: If buyers defend $108 and reclaim $123.77, a recovery toward $127โ$133 could be on the table.
๐ฅ MY TAKE: Don't panic sell or blindly buy the dip. Wait for confirmation and manage your risk carefully.
What do you think? ๐
Are you BUYING the dip or WAITING for lower prices?
#AAVE #Aave #CryptoAnalysis #BinanceSquare #CryptoMarket
AAVE is under serious selling pressure, and bulls need to step in before another major leg down! ๐
After the recent decline, the market is showing strong bearish momentum. However, RSI is approaching oversold territory, so a relief bounce is possible.
๐ KEY LEVELS TO WATCH:
๐ด Major Resistance: $123.77
๐ก Next Resistance: $127.48
๐ข Immediate Support: $108.03
โ ๏ธ Next Support: $94.40
๐ป BEARISH SCENARIO: If AAVE loses the $108 support on a daily closing basis, further downside toward $94 could become possible.
๐ BULLISH SCENARIO: If buyers defend $108 and reclaim $123.77, a recovery toward $127โ$133 could be on the table.
๐ฅ MY TAKE: Don't panic sell or blindly buy the dip. Wait for confirmation and manage your risk carefully.
What do you think? ๐
Are you BUYING the dip or WAITING for lower prices?
#AAVE #Aave #CryptoAnalysis #BinanceSquare #CryptoMarket