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On AAVE crypto’s weekly chart, the TD Sequential indicator has signaled a sell that could signal for a downward correction.
At press time, AAVE was trading at $287.21 for a 0.58% decline over the last 24 hours, as well as for a 16.22% drop over the last week.
Crypto analyst Ali (@ali_charts) says AAVE could be heading to support levels at $264 and $203.
The $264 figure is in line with the 0.618 Fibonacci retracement level, generally seen as a powerful support area.

Source: X
This will bring the price that has a deeper correction closer to $203, which is the 0.5 Fibonacci level. Investors are assessing buy zones for these levels.
Long-Term Potential Despite Short-Term Weakness
While a correction appears imminent, analysts believe AAVE crypto’s long-term outlook remains optimistic.
Michaël van de Poppe, a crypto analyst, has described this phase as an “opportunity building after consolidation.” He added,
“After this correction, old coins like AAVE have a tremen

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