$AAVE is showing a bearish rejection setup after encountering selling pressure around the $135.50–$138 resistance region. The short-term structure remains weak, and buyers need to reclaim resistance before another sustained upside move becomes convincing.
EP: $135.50–$137.00 (Short)
TP1: $133.20
TP2: $131.30
TP3: $129.70
SL: $138.60
The $138.97 long-liquidation level highlights the recent upside positioning that failed to hold. Watch for rejection around resistance and a move toward liquidity below $133.20. A sustained breakout above $138.60 invalidates this bearish setup.
EP: $135.50–$137.00 (Short)
TP1: $133.20
TP2: $131.30
TP3: $129.70
SL: $138.60
The $138.97 long-liquidation level highlights the recent upside positioning that failed to hold. Watch for rejection around resistance and a move toward liquidity below $133.20. A sustained breakout above $138.60 invalidates this bearish setup.