MARKET UPDATE & TRADE SETUP : $AAVE
$AAVE is trading around the 97 level, continuing to consolidate just below the 98–100 resistance zone, which has consistently capped upside since the sharp rejection from the 117 highs.
The ascending trendline remains intact, providing a strong bounce from the 87 lows, with price now ranging tightly beneath resistance. Buyers are actively defending the 90–92 support zone, keeping the structure stable for now, though momentum remains neutral-to-fragile.
As long as price holds above the trendline and 92, the ongoing consolidation can be viewed as base-building beneath resistance, keeping breakout potential intact.
A decisive move above 100 would be a key shift, likely triggering bullish continuation. On the other hand, losing the trendline support would invalidate this structure and expose 86–87 as the next downside target.
Trade Setup Idea:
* Bullish scenario: Break and hold above 100 → targets 105–112
* Bearish scenario: Lose 92 / trendline → downside toward 86–87
* Range play: Buy near 92–94, sell near 98–100 until breakout
Clean levels, clear structure — wait for confirmation.
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