📈LONG: $AAVE (1D)

#AAVEUSDT | #AAVE | #Aave

Current Price $80.00

Market Cap $1.19B

Change 1h +0.03% | 24h -5.92%

Daily Indicators:

• RSI: 34 - Neutral 🟠

• MACD: -3 - Bearish 🔴

• EMA: 90 - Below 🔴

Analysis:

AAVE continues its downtrend, nearing the $80 support level after failing to breakout from a Channel Down pattern. This support zone at $80 has been a stronghold in the past, suggesting a potential swing trade entry. Be cautious, though—if the $80 support fails, look out below!

Price Targets:

If AAVE bounces, it may target the resistance zones at $90 and $105. However, if it breaks down, the next support zone is around $70. Keep an eye on the volume for hints of a stronger move! 📉📈

$AAVE #DYOR