$AAVE has broken down beneath its MA60 dynamic support ($140.88), descending toward $139.73 after rejecting near the $141.16 peak. Short-term market structure shows consistent lower highs with MACD hovering near neutral territory. Overleveraged long positions accumulated near $140.50 are at risk of a liquidation sweep toward lower support zones if selling pressure continues.
🎯 Trade Setup
Direction:
SHORT
Entry Zone
$140.00 – $140.80
Take Profit 1
$138.50
Take Profit 2
$136.20
Take Profit 3
$133.00
Stop Loss
$142.10
Risk : Reward
1:2.5
Trade Type
Intraday
#AAVE