Recent breaches of micro-support levels indicate further downward momentum. My expectation: Wave c of Wave 2 could break through the $117 mark. Why this specific level? Simply put – it exactly matches the 100% extension target and is the classic target for such a correction.
The Elliott Wave theory shows a textbook scenario here. Those who follow the movements can clearly see the structure. The downward pressure is increasing, and the technical levels are being broken one after the other. It will be interesting to see how quickly or slowly this decline unfolds – that will be crucial for timing.
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MetaverseLandlord
· 3h ago
117 bucks? This wave of AAVE might really break below...
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WhaleWatcher
· 4h ago
Can 117 still drop? Elliott Wave is back—can it really be accurate this time?
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ContractExplorer
· 4h ago
Will the 117 pieces really break, or does it just seem like armchair strategizing again?
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LiquidityWitch
· 4h ago
$117? No way... Is it going to drop that much again?
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ExpectationFarmer
· 4h ago
117 bucks? Haha, it's another classic textbook pattern. Elliott Wave enthusiasts should be excited.
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ChainSpy
· 4h ago
$117? Oh, I feel it might drop further... Elliott Wave is coming again.
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PseudoIntellectual
· 4h ago
AAVE is really dropping, that 117 level looks a bit risky... This wave is almost bottomed out.
AAVE in Focus on the Downside
Recent breaches of micro-support levels indicate further downward momentum. My expectation: Wave c of Wave 2 could break through the $117 mark. Why this specific level? Simply put – it exactly matches the 100% extension target and is the classic target for such a correction.
The Elliott Wave theory shows a textbook scenario here. Those who follow the movements can clearly see the structure. The downward pressure is increasing, and the technical levels are being broken one after the other. It will be interesting to see how quickly or slowly this decline unfolds – that will be crucial for timing.