$AAVE is struggling at the top of its range. The selling pressure is picking up at resistance.

SHORT $AAVE

Entry: 123 – 125

TP1: 118

TP2: 111

SL: 128

Climbed back to test a key supply zone and the upper boundary of a descending channel, but it’s failing to print any meaningful follow-through. We are seeing clear rejection wicks at this point of interest (POI), suggesting that sellers are heavily defending this level to maintain the bearish structure. With significant liquidity resting near the previous lows and no strong buying volume to support a breakout, a reversal back toward the lower support levels is the high-probability move.

Trade $AAVE

AAVE
AAVEUSDT
101.71
+5.73%