$AAVE is currently trading around $112, extending a strong bearish structure on the 4H timeframe. Price has consistently printed lower highs and lower lows, confirming that sellers remain firmly in control. The recent breakdown below the $116–118 demand zone turned that area into a fresh supply / resistance, adding pressure on any short-term bounce attempts.

🔍 Key Technical Observations

Trend: Strong bearish momentum; no confirmed trend reversal yet

Structure: Breakdown continuation after weak consolidation

Liquidity Sweep: A sharp wick toward $110.3 suggests sell-side liquidity has been tapped

Volume: Expansion on bearish candles = conviction from sellers

📌 Critical Levels to Watch

Immediate Support:

$110.30 – short-term support & liquidity zone

$108.40 – $106.00 – next downside target if support fails

Resistance Zones:

$116.70 – $118.00 – key intraday resistance

$125.00 – major supply & trend invalidation level

🎯 Trade Bias & Scenarios

Bearish Continuation: Below $110 → expect acceleration toward $106

Relief Bounce (Counter-Trend): Only valid if price reclaims and holds above $118 with volume

Trend Reversal: Requires a strong 4H close above $125

⚠ Final Take

$AAVE remains in a sell-the-rallies environment. Until bulls reclaim key resistance with strength, downside risk dominates. This is a high-volatility zone, making it ideal for short-term momentum traders and breakout watchers.

Not Financial Advice)

Disclaimer: I am not your financial advisor.

#cryptotradinganalysisboss

AAVE
AAVEUSDT
112.26
-0.56%