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$AAVE, had a nice scalp earlier this month that couldn't develop into a swing. Taking another shot at it.
• Price is sitting right at the VAL of this massive daily range, which also happens to align with the lower boundary of the descending channel that's been in play since late 2024 — strong dual confluence at these lows. On top of that, we have a three drives pattern forming here with bullish divergence on the 4H RSI. This could be the bottom or at least a meaningful local bottom.
Not ruling out a sweep below the VAL before any real recovery, so I have bids staggered below as well.
Letting the zone work.
#AAVE #AAVEUSDT