$AAVE /USDT: Bearish Momentum, Key Support Zones in Focus.. Best time to Buy $AAVE in between $340-$350 range ... Surely will hit back $400 soon...

$AAVE /USDT is currently trading at $350.99, showing a 6.53% decline in the last 24 hours. After reaching a 24-hour high of $386.00, the pair has faced consistent selling pressure, breaking below critical support levels. The price is now approaching the intraday low of $348.38, suggesting a potential retest of deeper support zones if bearish momentum continues.

Trade Setup:

Entry Point: Around $351.00 (monitor for a bounce or continuation)

Targets:

1. $360.00 (short-term recovery target)

2. $374.00 (mid-term resistance)

3. $386.00 (full recovery level)

Stop Loss: $345.00 (to minimize risk on further declines)

Key Levels to Watch:

Resistance: $360.00 – A break above this level could signal a short-term recovery.

Support: $348.00 – Holding this level is crucial to avoid further declines toward $340.00.

While the market sentiment remains bearish, AAVE/USDT may offer trading opportunities on a bounce or breakout. Traders should exercise caution and keep an eye on key levels for potential reversals or continued downward movement. Stay alert in this volatile market.

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