$AAVE is showing signs of continued selling pressure around $127.
On the 4H chart, price remains below the EMA 50 near $133, suggesting sellers still have control.
My focus is on a potential move towards the $126 area and lower targets if bearish momentum continues.
Trade Setup:
Direction: SHORT
Entry: $127.0–$127.3
TP1: $125.9
TP2: $125.1
TP3: $123.9
Stop Loss: $129.2
A sustained move above $129.2 would invalidate this setup.
Will AAVE break lower or surprise bears with a recovery? #Write2Earn #Binance #Crypto
On the 4H chart, price remains below the EMA 50 near $133, suggesting sellers still have control.
My focus is on a potential move towards the $126 area and lower targets if bearish momentum continues.
Trade Setup:
Direction: SHORT
Entry: $127.0–$127.3
TP1: $125.9
TP2: $125.1
TP3: $123.9
Stop Loss: $129.2
A sustained move above $129.2 would invalidate this setup.
Will AAVE break lower or surprise bears with a recovery? #Write2Earn #Binance #Crypto