AAVE Crypto is Falling Fast; Can It Survive the Dip & Surge Soon?

AAVE Crypto is Falling Fast; Can It Survive the Dip & Surge Soon?
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The developers’ activity has declined since January 24th, 2024, which shows that its activity count has declined sharply.
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The AAVE asset appears strongly bearish as it headed downwards after breaching the above dynamic supports of 20-day and 50-day EMAs.
The  AAVE crypto price was in the bull court from September 2023 and skyrocketed from $50.0 to $154 by March 13th, 2024. It performed well in the last six months, as its gains of six months performance stayed at 52.21%, but last week and month, it declined by 14.36% and 31.79%, respectively, implying a robust downtrend.
However, the AAVE crypto has revealed a massive slump in price in the last couple of sessions, and the price shows struggling signs of bulls, and bearish dominance is exceptionally high. Contingent on seller pressure, the massive drop could shatter more support and could target $85 and $80 support on the daily chart.
The AAVE asset appears strongly bearish as it headed

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