AAVE is approaching a strong long-term ascending trendline that has supported price for years. Price is now moving down toward this key zone, which could act as a solid reaction area if buyers step in. This level has historically been important, and the current structure suggests the market is nearing a decision point. We may see a bounce develop from this region maybe not the exact bottom, but a potential base forming before the next move higher. A brief dip below the trendline to grab liquidity is still possible before any stronger recovery. Let’s watch how the weekly candle behaves at this support. Do you expect AAVE to bounce from here? Share your thoughts below. #AAVE #AAVEUSDT
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$AAVE Weekly Update !!
AAVE is approaching a strong long-term ascending trendline that has supported price for years.
Price is now moving down toward this key zone, which could act as a solid reaction area if buyers step in.
This level has historically been important, and the current structure suggests the market is nearing a decision point.
We may see a bounce develop from this region maybe not the exact bottom, but a potential base forming before the next move higher.
A brief dip below the trendline to grab liquidity is still possible before any stronger recovery.
Let’s watch how the weekly candle behaves at this support.
Do you expect AAVE to bounce from here? Share your thoughts below.
#AAVE #AAVEUSDT