$AAVE is sitting at a critical decision point after slipping below its ascending channel an early signal of a possible breakdown.
If price can reclaim the channel soon, this could prove to be a fakeout, with a shot at retesting the upper range near $215.
But if buyers don’t step in and the pressure continues, AAVE may rotate lower toward the next key support around $130. What happens next depends on how price reacts in the coming sessions
