AAVE Dey Face Downside Risk as Whale Accumulation No Fit Stop Bearish Trend for DeFi Market
AAVE, di native token for DeFi protocol Aave, dey under pressure as technical indicators dey show say e get bearish trend and potential risk for price decline. Recently, two big investors buy total 29,739 AAVE (worth about $7.5 million), but e no fit reverse the weakening momentum. Di key support for $248–$250 dey get tested, with signals like bearish MACD crossover, dropping RSI, and declining trading volume wey dey show price fit drop further. Market analysts dey warn say if support break, AAVE fit drop 8%, with targets for $235 and $220. Di general bearish vibe for DeFi and crypto markets fit add more pressure. Traders suppose dey watch di support levels sharp sharp and use risk management strategies. If di current support hold, e fit bounce back to $280 resistance, but the outlook still be bearish.
Bearish
Even though plenty whale don dey accumulate, AAVE still dey show bearish technical signals dem, including decrease for trading volume, bearish MACD crossover, and weakening RSI. If e no fit hold critical support levels, di risk say e go fall further, fit reach another 8%. Di long time negative feeling wey dey for DeFi and the bigger crypto market make di chance for e go down stronger well well. Even though some bullish structure still dey if support hold, di main outlook for AAVE short term na bearish.