#AAVE/USDT – #TechnicalAnalysiss

Trend: Strong downtrend followed by a consolidation phase. Price is ranging after a sharp sell-off, suggesting accumulation or base-building.

Key Zone: The marked $93–95 area is acting as a resistance/supply zone. Multiple rejections here → sellers still active.

Structure:

Lower high → breakdown → sideways range

Current move is a range high retest

RSI (14): ~58 and rising

Bullish momentum building

Not overbought yet → room for upside

Scenarios:

Bullish breakout:

Clean break + hold above $95 → potential move toward $100–105

Rejection:

Another failure at resistance → likely pullback to $90, possibly $87 support