$AAVE JUST GAVE US THE REJECTION WE WERE WAITING FOR. 👀
Remember the setup?
We were watching the $156–$157 supply zone for a rejection in the morning for the lucky ones of you who read my post.
Instead, $AAVE broke straight through it,
No rejection. No #SHORT📉 Sell. We waited.
Then price pushed all the way to $176.24 and took the previous high.
Now look what happened. 👇
🔥 Liquidity above the high was taken
🔻 Price immediately rejected from $176.24
📉 $AAVE is now pulling back
This is where the setup gets interesting.
I'm NOT shorting simply because we saw one red candle(Shooting star).
I'm watching for lower-timeframe bearish confirmation.
My next scenarios:
🔴 Bearish:
Price fails to reclaim $176 → forms lower high → bearish break → short setup.
🟢 Bullish:
Price reclaims $176.24 and holds → rejection fails → buyers remain in control.
The level I don't want to ignore:
$157–$159 — the zone AAVE broke out from in the morning
The first setup didn't happen.
So we didn't force it.
The market has given us a new setup.
Now let's see whether this rejection becomes a real reversal… or just another liquidity trap. 👀
Note; Never forget a #stoploss above that liquidity grab up, where have marked, at $178 -$179
#AAVE
#EarningsSeason
Remember the setup?
We were watching the $156–$157 supply zone for a rejection in the morning for the lucky ones of you who read my post.
Instead, $AAVE broke straight through it,
No rejection. No #SHORT📉 Sell. We waited.
Then price pushed all the way to $176.24 and took the previous high.
Now look what happened. 👇
🔥 Liquidity above the high was taken
🔻 Price immediately rejected from $176.24
📉 $AAVE is now pulling back
This is where the setup gets interesting.
I'm NOT shorting simply because we saw one red candle(Shooting star).
I'm watching for lower-timeframe bearish confirmation.
My next scenarios:
🔴 Bearish:
Price fails to reclaim $176 → forms lower high → bearish break → short setup.
🟢 Bullish:
Price reclaims $176.24 and holds → rejection fails → buyers remain in control.
The level I don't want to ignore:
$157–$159 — the zone AAVE broke out from in the morning
The first setup didn't happen.
So we didn't force it.
The market has given us a new setup.
Now let's see whether this rejection becomes a real reversal… or just another liquidity trap. 👀
Note; Never forget a #stoploss above that liquidity grab up, where have marked, at $178 -$179
#AAVE
#EarningsSeason
