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$AAVE Signal】Hold off on trading — Downtrend continuation, waiting for a clear direction
$AAVE After a sharp decline, the price has been weakly consolidating in the 105-109 range, forming a downtrend continuation pattern. The price is being suppressed by the EMA20 (109.4), and the EMA50 (114.9) acts as a strong resistance above, indicating a generally bearish trend.
🎯 Direction: No position (NoPosition)
Market analysis: On the 4-hour chart, after a brief surge to 113.9 yesterday, the price quickly retreated, forming a long upper shadow, indicating heavy selling pressure above. Currently, t