The post AAVE Technical Analysis Feb 23 appeared on BitcoinEthereumNews.com.

[ENGLISH: AAVE’s current market structure is dominated by a downtrend; LH/LL formation continues, but BOS above $116.84 could signal an upside.] Market Structure Overview AAVE’s current market structure clearly indicates a downtrend. The price has abandoned the higher highs/higher lows (HH/HL) structure and transitioned to a lower highs/lower lows (LH/LL) formation. The current price is at $114.27 with a 24-hour change of -2.95% negative. This structure is supported by 10 strong levels across 1D, 3D, and 1W timeframes: 2 supports/3 resistances on 1D, 2 supports/1 resistance on 3D, 2 supports/2 resistances on 1W. Supertrend signal is bearish (resistance at $143.59) and trading below EMA20 ($122.93), reinforcing the short-term bearish structure. RSI at 40.04 is in the neutral-lower zone, MACD histogram is positive but overall momentum is weak. Market structure analysis requires preservation of LH/LL for trend continuation and a search for CHoCH (Change of Character) for a change. Trend Analysis: Uptrend or Downtrend? Upward Trend Signals Limited bull signals exist within the downtrend. Positive MACD histogram suggests short-term momentum recovery. Critical $110.45 support level (score 77/100) must hold for higher lows formation; a bounce from here could retrigger HH/HL structure. However, as long as price remains below EMA20 ($122.93), these signals remain weak. Potential bull continuation target is $163.26 (score 31), but speculative without LH/LL break. Downward Trend Risk The dominant LH/LL structure confirms the downtrend: lower highs continue as long as we stay below the last swing high $136.26 (score 76/100). Price tested $116.84 resistance (score 68/100) but failed to break it, increasing bear pressure. A drop below $110.45 strengthens lower lows and brings bearish breakdown target $60.99 (score 22) into play. 24h range $111.30-$119.80 reflects the overall downtrend. Structure Break (BOS) Levels BOS (Break of Structure) confirms trend changes. For bullish BOS to break the downtrend structure: close…

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Filed under: News - @ February 24, 2026 1:23 am