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$AAVE Continue to stay bearish. Don’t rush to catch this falling “flying knife”; just follow the trend and look lower.
Right now, you can watch for entry opportunities around 92.22 to 93.79. If it moves down, look at 89.01 and even 85.81. Place your defense around 96.60. Also, $SOXL is bearish in the short term.
But be careful about the risk: AAVE’s 1-hour RSI is already severely oversold, and there could be a sudden mean-reversion sharp rebound at any time. Manage your position size; don’t go all-in to bet—watch the risks.