$AAVE – Price rejecting near resistance, momentum fading
Trading Plan (Short)
Entry: 110.8 – 112.0
SL: 114.5
TP1: 108.5
TP2: 106.5
TP3: 104.5
$AAVE is currently trading around 110.99, sitting just below the 112.06 resistance after a recent push upward. The 1H structure shows slowing momentum with price struggling to break resistance, indicating sellers are active at higher levels.
Repeated rejection near resistance suggests distribution, and if buyers fail to push higher, price could rotate back toward the 104.61 support zone.
Trade $AAVE here 👇
AAVEUSDT
Διην.
112.44
+2.94%