๐Ÿ“Š AAVEUSDT โ€” 4H Chart (Binance)

$AAVE

๐Ÿ”ธ Trend and Indicators

Dominant trend: Bearish

AAVE is below the Ichimoku cloud, below the moving averages (EMA 7, 14, 50, 100, 200), and has lost support from the EMA 20.

Lower highs and lower lows confirm the downtrend.

๐Ÿ“Œ Likely Scenarios

๐Ÿ“‰ Continuation of the downtrend scenario:

If it loses $248, the next target would be the $240โ€“$242 region, which is the next support zone of the VPVR.

If it loses this zone, there could be an acceleration of the decline.

๐Ÿ“ˆ Recovery scenario:

The price would need to break through the region between $258 and $262 with strength and volume to consider a reversal.

Only above $275โ€“$280 does the asset show buyer strength again.

๐ŸŽฏ Trade Plan

๐Ÿ”ป Sell on support break:

Entry: below $247.80

Target: $240 / $232

Stop: $258

๐Ÿ”ผ Aggressive buy (bet on strong support):

Entry: $248โ€“$250 (if there is a reversal candle)

Target: $258โ€“$262

Stop: $245