$AAVE /USDT | 15M Price Action Analysis

AAVE is in a clear short-term bearish trend on the 15M timeframe. Price is trading below EMA 7, EMA 25, and EMA 99, confirming sustained selling pressure. The rejection near 163.10 marked a local top, followed by a steady sequence of lower highs and lower lows.

Market Structure

Strong rejection from 163.10

Continuous lower highs beneath EMA 25

Weak bounces being sold into

Key Levels

Immediate Resistance: 155.50 – 157.00 (EMA 7 / EMA 25 zone)

Major Resistance: 163.00 – 165.00 (EMA 99 / structure)

Support: 153.40

Lower Support: 150.50 (if breakdown continues)

Scenarios

Bearish continuation: Failure to reclaim 156.00 may push price back to 153.40, with extension toward 150.50.

Relief bounce: A clean reclaim and hold above 157.00 could allow a move toward 163.00, but trend remains bearish below EMA 99.

Bias: Bearish

Momentum favors sellers until price reclaims key EMAs with strength. Trade cautiously and manage risk.