đ $AAVE / USDT â CONSOLIDATING NEAR SUPPORT AFTER DUMP! đ
$AAVE has retraced sharply from the recent high of $325.41, now trading at $275.76, down -2.12% on the 4H chart.
The price is below both the 7 MA ($283.21) and 25 MA ($295.92), showing clear short-term bearish pressure.
However, the 99 MA ($266.27) is acting as a critical support line â a bounce zone that held firm during the last dip.
Volume has decreased, hinting at indecision or possible accumulation.
A strong 4H candle above $283 could flip short-term bias bullish.
But a break below $266 could signal another wave of downside momentum.
đ Trading Plan
Short Setup (Trend Continuation)
âą Entry: $278 â $282
âą Take Profits: $270 / $266 / $250
âą Stop Loss: $289
Long Setup (Support Bounce)
âą Entry: $266 â $270 (on support confirmation)
âą Take Profits: $283 / $295 / $310
âą Stop Loss: $259
â ïž Wait for breakout or breakdown signals. Ideal for reactive rather than predictive trades.
#AAVE #DeFi #CryptoTrading #AAVEUSDT #BinanceChart $AAVE
