Looking ahead to the next 24 to 48 hours, we're watching $250 like hawks. A break below this level opens the door to $235 or even $228. But if AAVE holds $250 and we see the 2-hour and 4-hour RSI indicators start climbing, expect a violent reversal toward $260 and potentially $270. The compressed springs release with force.
Disclaimer The content in this publication is for informational and educational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any opinions, strategies, or analyses shared reflect my personal views and experiences. I may hold positions in…
Comparing today and yesterday, it is clear we avoided major selling, found support, and are now at a critical junction. The near-term strategy remains ‘cautious long’ – selective entries near support, with clear stop-losses below key DMAs. Aggressive long positions should be reserved for confirmed breaks above resistance. Both analyses foresee a likely period of sideways accumulation before the next breakout, and agree that only clear rejection or breakdown below 277 would call for a reversal toward shorting.
The key battlegrounds are well-defined. Immediate resistance lies in the formidable 277 USDT to 280 USDT zone. A decisive rejection from this level would validate the bearish thesis and likely send the price back to test the critical support floor between 265 USDT and 267 USDT. A failure to hold this floor would almost certainly open the path to a deeper decline, with 254 USDT being the next logical target.
The decentralized finance token AAVE is currently navigating a period of significant volatility, presenting a complex but revealing technical picture. Yesterday's analysis correctly anticipated a minor bullish bounce, but this upward movement appears to be a temporary reprieve within a much stronger and more dominant bearish trend.
AAVE Technical Outlook: Navigating the September Selloff The cryptocurrency markets continue their volatile dance, and AAVE has become a prime example of how quickly sentiment can shift in digital assets. After weeks of consolidation and hope for upward momentum, AAVE…
Sharp AAVE correction unfolds, while BTC defends structure and ETH, SOL enter controlled pullbacks with bullish bias intact..
The leaders are tired. The frames are breaking. And bounce? Looks like bait.
