Trading Plan Short $AAVE
$AAVE got rejected hard from 125.26 resistance, failing to hold the BB mid.
Entry: $122.00-$123.90
Stoploss: $126.10
Targets: $118.00 / $112.50 / $104.00
AAVE is printing lower band touches on the 1H, with sellers aggressive after that 125.26 rejection. Funding is ticking up, but OI keeps growing with retail long, suggesting trapped longs from yesterday's pump. We want to see this unwind. Lose $126.10, this short is dead.
Trade $AAVE here 👇
$AAVE got rejected hard from 125.26 resistance, failing to hold the BB mid.
Entry: $122.00-$123.90
Stoploss: $126.10
Targets: $118.00 / $112.50 / $104.00
AAVE is printing lower band touches on the 1H, with sellers aggressive after that 125.26 rejection. Funding is ticking up, but OI keeps growing with retail long, suggesting trapped longs from yesterday's pump. We want to see this unwind. Lose $126.10, this short is dead.
Trade $AAVE here 👇
