📌 AAVE Market Trend Analysis
Over the past 7 days, AAVE has generally shown a choppy downward trend. The daily swing highs have gradually moved down from 131.05, while the lows have kept falling from 128.25 to 123.52. The closing price has remained bearish for 5 consecutive days, and the short-side structure is relatively clear. The current price action is moving within a short-term downward channel, and bullish rebound strength is weak. The key resistance zone lies between 125.80 and 126.30; this area is near the lower edge of a prior high-volume trading region. If price cannot break through effectively, the bearish trend is likely to continue. The key support is around 123.50. If the daily close breaks below this level, it may further open downside room toward the 121.00 to 120.00 area.
🎯 Specific Trading Suggestions
Given the current structure is bearish, it is recommended to focus on shorting lightly on rebounds rather than blindly bottom-fishing for longs. If price rebounds into the resistance area and faces rejection, you may consider entering short positions in batches. If there is a strongly bullish daily close and price holds above 126.50, then the short bias should be paused and you should wait and observe.
📍 Reference Levels
🔹 Short Entry Zone: 125.60 to 126.20
🔹 Take-Profit Targets: TP1 124.00 / TP2 123.00
🔹 Stop-Loss: SL 126.80
⏳ Time Validity of Levels
🔹 This trading strategy and the suggested levels are based on daily chart analysis and are expected to remain valid for the next 24 hours.
⚠️ Risk Control Notice
The crypto market is highly volatile. Please strictly control position sizing; risk per trade must not exceed 2% of total capital. If the stop-loss is reached, execute it decisively.
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