I’m also watching $AAVE for a selling setup.
This chart is still pretty weak. AAVE has been printing lower highs and lower lows all the way down from the $140+ area, and the small bounce around $125 hasn’t changed that structure yet.
Entry: $127–$130
Targets:
TP1: $125
TP2: $124.35
TP3: $122.50
SL: Above $131
I’d rather wait for a weak bounce into $129–$130 than chase it down here. If sellers step back in around that resistance, the trend still favors another move lower.
This chart is still pretty weak. AAVE has been printing lower highs and lower lows all the way down from the $140+ area, and the small bounce around $125 hasn’t changed that structure yet.
Entry: $127–$130
Targets:
TP1: $125
TP2: $124.35
TP3: $122.50
SL: Above $131
I’d rather wait for a weak bounce into $129–$130 than chase it down here. If sellers step back in around that resistance, the trend still favors another move lower.
