$AAVE short setup: price at 164.5–165 on the 4H
Reject 165 → 160, then 157.
Reclaim 170 → the idea is off the table.
I'll watch for sellers to defend this level.
Why it's on my radar:
- 4H price at 165 is below the EMA50 at 173, favoring sellers
- 1H RSI is 32, already oversold and not a drop to chase
- BTC short-term trend bearish, adds pressure to AAVE
🔴 SHORT · Entry 164.5–165.4 · TP 161.9 / 159.8 / 156.8 · SL 170.0
NFA · DYOR
Reject 165 → 160, then 157.
Reclaim 170 → the idea is off the table.
I'll watch for sellers to defend this level.
Why it's on my radar:
- 4H price at 165 is below the EMA50 at 173, favoring sellers
- 1H RSI is 32, already oversold and not a drop to chase
- BTC short-term trend bearish, adds pressure to AAVE
🔴 SHORT · Entry 164.5–165.4 · TP 161.9 / 159.8 / 156.8 · SL 170.0
NFA · DYOR