$AAVE /USDT Market Analysis – Bearish Momentum Building
Current Price: $311.99
24H High: $341.60
24H Low: $309.25
Market Insights:
$AAVE /USDT is witnessing a sharp decline of over 8%, with the price hovering near its 24-hour low. The token faces sustained selling pressure as it approaches critical support levels at $305, while resistance looms at $333.
Key Levels to Watch:
Resistance: $333.55 → $361.70
Support: $309.25 → $305.41
Trading Strategy:
For Bulls: Look for a potential bounce near $309 to retest resistance at $333. Maintain tight stop losses to minimize downside risk.
For Bears: A break below $309 could extend losses toward $305, providing short opportunities.
Stay vigilant as AAVE moves within a volatile zone.