$AAVE /USDT Technical Analysis: Key Levels to Monitor 📉
💹 Current Price: 356.72 USDT (-6.34%)
🔺 24H High: 381.64 USDT | 🔻 24H Low: 356.39 USDT
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📊 Technical Overview
$AAVE is facing strong bearish pressure, breaking through critical levels. Key support and resistance zones will determine its next move.
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⚡ Key Targets for AAVE/USDT
1️⃣ Target 1 (Immediate Recovery): 364.00 USDT
A rebound above 364.00 USDT will signal buyers stepping in to regain control over the price.
2️⃣ Target 2 (Mid-Level Resistance): 372.00 USDT
Sustained momentum could push AAVE toward 372.00 USDT, a critical resistance level for short-term recovery.
3️⃣ Target 3 (Bullish Extension): 380.00 USDT
If buyers manage to clear 372.00 USDT, the next target lies at 380.00 USDT, marking a recovery toward the 24H high.
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📉 Downside Risk Management
🔻 Key Support Level: 350.00 USDT
A drop below 356.00 USDT may lead to further bearish action, with 350.00 USDT as the next major support zone.
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🔥 Market Outlook
AAVE is in a downtrend, testing key support levels. Traders should:
✅ Watch for a rebound above 364.00 USDT for signs of recovery.
✅ Monitor volume to confirm potential buying interest.
✅ Place stop-losses below 350.00 USDT to manage risk effectively.
Stay cautious—AAVE's movement around support and resistance will set the tone for its next move. 📉