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$AAVE slipping under a heavy ceiling.
If sellers keep defending this slope, price could slide toward the 100 to 98 support pocket before any stronger response appears.
📉 Technical View:
• Pattern: Repeated rejection under a dominant falling trendline with a narrowing local structure
• Bias: Bearish, downside might expand if the bounce keeps fading beneath overhead pressure
• Key Level: Watch 112 to 114 as the immediate reaction zone, 122 to 125 as resistance, and 100 to 98 as support
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⚠ If
$AAVE breaks above the descending cap and begins holding over 125, this bearish setup could lose its footing.
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