$AAVE Trading Setup (Short-Term)
Bullish Scenario
Entry Zone: $94.8 – $96
Target 1: $99
Target 2: $103
Breakout Target: $114+
Stop Loss: Below $92
AAVE recently pulled back into a previous breakout area, which many technical traders see as a possible bounce zone.
Bearish Scenario
If price loses the $92–$93 support:
Next support may appear near $88
Heavy sell pressure could extend toward $80
Recent reports also showed increased exchange inflows during downside moves, which can signal temporary bearish sentiment.
Momentum Indicators
RSI recently moved near neutral/oversold territory
MACD still shows weak momentum
Volume remains elevated on Binance, meaning volatility is likely to continue
Key Levels Traders Are Watching
Level
Importance
$103
Major resistance
$114–120
Bullish recovery zone
$95
Immediate support
$92
Critical invalidation
$80–88
Strong lower support
Intra day Signal Bias
Above $96 → bullish scalp bias
Above $103 daily close → momentum breakout
Below $92 → bearish continuation risk
Swing Trader Outlook
Some long-term technical analysts are watching a large multi-year bullish structure that could target much higher levels if DeFi sentiment recovers strongly.
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