🚨 $AAVE /USDT Facing Pressure – Testing Key Support! 🚨
$AAVE is trading at $336.90, down 8.67% in the last 24 hours. The price has dropped significantly from the high of $373.21 and is now stabilizing near support zones.
Key Levels to Monitor:
Resistance: $342.00 – A recovery above this could trigger a short-term rebound.
Immediate Target: $350.00 – A key level for traders eyeing a recovery.
Support: $335.00 – Holding this level is critical to prevent further downside.
Trade Setup:
Entry: Around $336.00 if support holds.
Target 1: $342.00 for a quick recovery trade.
Target 2: $350.00 for extended gains.
Stop-Loss: $330.00 to minimize downside risk.
$AAVE is showing signs of stabilization but remains vulnerable. Monitor for a volume spike or price action confirmation before entering a position. Stay cautious and manage risk effectively!