$AAVE short, 109.1–109.5 is where sellers need to lean on it.
Price is tagging the zone on the 4H and I want to see sellers show up here. A close above 112 and I drop it.
4H sits at 109, well under the EMA50 at 122, so structure is with the sellers. Only 2.3% to the stop, 3.7% to TP3, roughly 1.6R.
SHORT 109.1–109.5
TP 107.8 / 106.8 / 105.3
SL 111.8
Not advice, size it yourself.
Price is tagging the zone on the 4H and I want to see sellers show up here. A close above 112 and I drop it.
4H sits at 109, well under the EMA50 at 122, so structure is with the sellers. Only 2.3% to the stop, 3.7% to TP3, roughly 1.6R.
SHORT 109.1–109.5
TP 107.8 / 106.8 / 105.3
SL 111.8
Not advice, size it yourself.
