Trade Setup (Short Bias)
Entry Zone: 125.20 – 126.20 (pullback into MA resistance)
Take Profit 1: 123.20
Take Profit 2: 121.80
Take Profit 3: 119.50
Stop Loss: 127.40
AAVE/USDT has rejected from the 129.36 local high and printed aggressive downside momentum, breaking short-term structure and trading below key moving averages (MA7, MA25, MA99). The sharp sell-off to 123.21 confirms distribution at the top, and the weak bounce suggests sellers are still dominating. Expect continuation toward lower liquidity zones if current resistance holds.
Short Market Outlook
Momentum: Strong bearish impulse with increasing sell volume.
Trend: Short-term downtrend confirmed after lower high + breakdown.
Key Resistance: 126.20 – 127.50
Key Support: 123.20 → 121.80
If price fails to reclaim 126.50 with strength, sellers remain in control. Any weak bounce is likely a continuation setup, not a reversal. Bears have the edge until structure flips.