looking closely at $AAVE, with leverage sitting around 70x, keeps rejecting the same area, so the short side is worth watching
The faster average is below the slower trend line, so sellers still have the broader structure on their side. The recent support area is around 123.03, while resistance is near 125.16. The 24-hour move stands at -5.90%, with the latest price near 123.98. RSI is 51.7, a fairly balanced reading that leaves the next price reaction to decide direction. A weak reaction around the entry band would support the plan; a clean reclaim would weaken it. Participation is still light at 0.4x average volume; I would not treat this as confirmed momentum yet.
Short setup | Spot chart | 15M
Entry: 123.95–124.11
TP1: 121.13 | TP2: 119.06 | TP3: 115.4
Stop Loss: 126.02
#AAVE #binance #crypto #Write2Earn
The faster average is below the slower trend line, so sellers still have the broader structure on their side. The recent support area is around 123.03, while resistance is near 125.16. The 24-hour move stands at -5.90%, with the latest price near 123.98. RSI is 51.7, a fairly balanced reading that leaves the next price reaction to decide direction. A weak reaction around the entry band would support the plan; a clean reclaim would weaken it. Participation is still light at 0.4x average volume; I would not treat this as confirmed momentum yet.
Short setup | Spot chart | 15M
Entry: 123.95–124.11
TP1: 121.13 | TP2: 119.06 | TP3: 115.4
Stop Loss: 126.02
#AAVE #binance #crypto #Write2Earn
