$AAVE
is currently trading around $93.95, showing slight short-term weakness (-0.35%). On the 15m timeframe, price is moving below key moving averages (MA25 & MA99), indicating short-term bearish pressure.
🔍 Key Observations:
Support: $93.15 (recent low) — strong reaction zone
Resistance: $94.50 – $96.30 (recent rejection area)
Trend: Sideways to bearish in lower timeframe
Volume: Spike seen during drop → suggests strong selling pressure
📊 Indicators:
Price below MA(25) & MA(99) → bearish bias
MA(7) close to price → possible short-term bounce
⚡ Outlook:
If price holds above $93, a bounce toward $95–96 is possible
Break below $93 → can trigger further drop toward $91–90 zone
👉 Overall: Weak short-term trend, but near support — watch for bounce or breakdown.#AAVE #viralpost