🔍 AAVE/USDT Technical Update (1D)

AAVE is currently trading around $128, showing signs of oversold conditions after a strong downtrend.

📉 Trend:

Price is below MA(7), MA(25), and MA(99) → overall trend remains bearish.

📊 RSI:

RSI near 27 → market is oversold, which increases chances of a short-term relief bounce.

📉 MACD:

Still in negative territory, but selling momentum is weakening, indicating sellers may be losing strength.

🧱 Key Levels to Watch:

Support: $115 – $118

Major Support: $100 – $105

Resistance: $135 – $145

Trend Reversal Zone: $155+

📌 Outlook:

A short-term bounce is possible, but trend reversal needs confirmation above $155 with strong volume.

⚠️ Note:

This is not financial advice. Always manage risk and wait for #CryptoTrading