📉 $AAVE — Bearish Short Setup | Oversold Breakdown Risk 🔴
SHORT 🔴
📍 Entry Zone: $152 – $165
🛑 Stop Loss (SL): $171
🎯 Take Profit:
- TP1: $155
- TP2: $146
- TP3 (Final Target): $130
📉 Market Analysis:
AAVE is showing elevated volatility, with short-term RSI reportedly dipping into the 12–18 range. This signals deeply oversold conditions and highlights the possibility of further downside if sellers maintain control. However, such low RSI readings can also trigger a sharp relief bounce, so confirmation is essential before entering a short position.
The $148.40 Bollinger lower band is the key technical level to monitor. If price breaks below this area and fails to reclaim it, bearish momentum could intensify, potentially opening the way toward $146 and, if selling continues, $130.
🔑 Key Level:
The $148.40 level is crucial for breakdown confirmation. A decisive move below it could support the bearish scenario, while a recovery back above it may signal that selling pressure is easing. The $171 stop loss defines the invalidation point for this setup.
⚠️ Risk Note:
The entry range is wide, and the market is reportedly deeply oversold. Shorting into an oversold move carries significant rebound risk. Wait for confirmation, calculate your risk carefully, and use disciplined position sizing. Profits are never guaranteed.
Bearish bias if $148.40 breaks and sellers sustain the pressure. 📉
Sell and Trade $AAVE here 👇
DYOR.
SHORT 🔴
📍 Entry Zone: $152 – $165
🛑 Stop Loss (SL): $171
🎯 Take Profit:
- TP1: $155
- TP2: $146
- TP3 (Final Target): $130
📉 Market Analysis:
AAVE is showing elevated volatility, with short-term RSI reportedly dipping into the 12–18 range. This signals deeply oversold conditions and highlights the possibility of further downside if sellers maintain control. However, such low RSI readings can also trigger a sharp relief bounce, so confirmation is essential before entering a short position.
The $148.40 Bollinger lower band is the key technical level to monitor. If price breaks below this area and fails to reclaim it, bearish momentum could intensify, potentially opening the way toward $146 and, if selling continues, $130.
🔑 Key Level:
The $148.40 level is crucial for breakdown confirmation. A decisive move below it could support the bearish scenario, while a recovery back above it may signal that selling pressure is easing. The $171 stop loss defines the invalidation point for this setup.
⚠️ Risk Note:
The entry range is wide, and the market is reportedly deeply oversold. Shorting into an oversold move carries significant rebound risk. Wait for confirmation, calculate your risk carefully, and use disciplined position sizing. Profits are never guaranteed.
Bearish bias if $148.40 breaks and sellers sustain the pressure. 📉
Sell and Trade $AAVE here 👇
DYOR.