🔻 $AAVE  is rolling over after failing to hold the upper structure.

Price previously expanded higher but has since broken back into a descending formation, with rallies getting capped by the falling resistance line.

📉 Technical View:

• Pattern: Descending channel after distribution at highs

• Bias: Bearish continuation favored while price stays below descending resistance

• Key Level: 188–192 as resistance, 178–175 as the next downside magnet

⚠ A clean breakout and acceptance above the descending channel would invalidate the bearish bias and open room for a broader recovery.

AAVEUSDT

Perp

185.53

+0.10%