Aave — short analysis (today)
Market Bias: 🔻 Bearish / weak structure
Why market looks weak:
$AAVE recently broke key support (~$90) → trend turned negative �
Strong selling pressure + weak sentiment (fear zone) �
Technical indicators show more bearish signals than bullish (~80% bearish) �
Key Levels:
Support: $82 → $70 (strong demand zone) �
CoinMarketCap +1
Resistance: $96 → $111 (selling pressure zone) �
CoinCodex
Trading Idea (simple):
Near resistance → sell / take profit
Near support → possible bounce (buy only with confirmation)
Avoid chasing — market still weak
Bottom line:
👉 $AAVE is not strong right now — short-term trend favors selling or waiting
👉 Best move = wait for support bounce or breakout confirmation
If you want, I can give you a �clear buy vs sell signal for today like BTC style 📊
