$AAVE SHORT — Resistance Rejection & Pullback Setup
$AAVE has encountered supply pressure near the 113.61 peak, showing initial signs of exhaustion following its parabolic run. Price action is pulling back toward 110.79, indicating a potential corrective phase down to test lower support levels.
Entry: 110.80 – 112.50
TP1: 106.50
TP2: 102.00
TP3: 98.00
TP4: 93.50
SL: 115.20
Staying under the 113.80 resistance level supports this short perspective. A breakdown below 109.00 will confirm increasing selling momentum and trigger a deeper pullback.
#AAVE $AAVE
$AAVE has encountered supply pressure near the 113.61 peak, showing initial signs of exhaustion following its parabolic run. Price action is pulling back toward 110.79, indicating a potential corrective phase down to test lower support levels.
Entry: 110.80 – 112.50
TP1: 106.50
TP2: 102.00
TP3: 98.00
TP4: 93.50
SL: 115.20
Staying under the 113.80 resistance level supports this short perspective. A breakdown below 109.00 will confirm increasing selling momentum and trigger a deeper pullback.
#AAVE $AAVE