AAVE/USDT – Short-Term*
Trend: Short-term bearish to sideways
Price dropped sharply from 131 to 92, followed by a relief bounce. Currently consolidating in the 110–112 range, indicating a range-bound market.
Support Zones:
110–108 → strong immediate support
105–102 → weak support
98–100 → major demand zone
Resistance Zones:
114–116 → key resistance
120–122 → strong supply zone
128–131 → major reversal area
Volume:
High selling volume during the dump, followed by low volume consolidation. A strong move is likely once volume expands.
Trade Setups:
Buy: 108–110
TP: 114 / 118
SL: 104
Aggressive Buy: near 105
TP: 112 / 116
Sell (on rejection): 115–116
TP: 110 / 106
SL: 120
Scenarios:
4H close above 116: move toward 120–122
Break below 108: fast drop toward 102 → 98
Conclusion:
Range trading with patience is the best approach for now. Waiting for a clear breakout or breakdown is the smart play ⚖️
