🔍 Key Observations:

Current Price: $255.54

Support Zone: $253.14 (recent bottom)

Resistance Zones: $257.26 (minor), then $259.58

Trend: Sideways to weak downtrend

RSI (6): 35.71 → Approaching oversold, but not yet deeply oversold

MACD: Flattening near 0 → Neutral, no strong trend currently

Volume: Low → Market is losing momentum

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📉 What the Chart Is Saying:

1. Price is squeezing between support ($253.14) and resistance ($257.26).

2. MACD flat, RSI not showing any divergence = no clear strength yet.

3. Low volume = market waiting for direction (indecision).

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📈 Next Likely Move:

Two scenarios are possible here:

🟢 Bullish Breakout (High Probability if $257.26 Breaks):

Entry: Above $257.50 (confirmation)

Target 1: $259.58

Target 2: $261.90

Stop Loss: Below $254.90

🔴 Bearish Breakdown (If $253.14 Breaks):

Entry: Below $252.80

Target 1: $250.50

Target 2: $247.80

Stop Loss: Above $255.50

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🧠 Best Strategy Right Now:

Wait and watch for breakout or breakdown — don't enter in the middle of the squeeze.

If you're already holding:

Above $257 = Hold

Below $253 = Exit

#AAVE