AAVE has taken a heavy hit today, sliding from the 180+ range down toward 166. The drop came fast, and indicators are still showing strong selling pressure.
Short-term view: Momentum is still weak. If the price stays above the 165 support, it might bounce a little toward 170–172. If 165 breaks again, the downtrend could continue.
Mid-term: Both RSI and MACD are deep in the bearish zone. Market may stay slow unless volume jumps or a reversal pattern forms.
Bigger picture: A move back above 175–178 would be the first sign of recovery. Until then, the trend is still leaning down.
Just sharing my personal opinion — not financial advice.
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$AAVE AAVE Market Update
AAVE has taken a heavy hit today, sliding from the 180+ range down toward 166. The drop came fast, and indicators are still showing strong selling pressure.
Short-term view:
Momentum is still weak. If the price stays above the 165 support, it might bounce a little toward 170–172. If 165 breaks again, the downtrend could continue.
Mid-term:
Both RSI and MACD are deep in the bearish zone. Market may stay slow unless volume jumps or a reversal pattern forms.
Bigger picture:
A move back above 175–178 would be the first sign of recovery. Until then, the trend is still leaning down.
Just sharing my personal opinion — not financial advice.