AAVE is holding in the upper half of the active range, and price action is still testing conviction on lower timeframes. Momentum remains soft with lower-timeframe pressure still active. Structure currently reads DOWN/SIDE/DOWN, with broader bias around BEARISH. My view favors a rejection-based short plan while structure keeps printing weaker rebounds. Execution should stay disciplined. Setup quality is LOW. Current RR is around 1.64. Chasing pressure is 0%.
📌 AAVE | SHORT SETUP 📉
Trade Plan:
🎯 Entry: 91.6200 - 92.2649
🛑 SL: 95.6500
✅ TP1: 86.3400
✅ TP2: 84.9939
✅ TP3: 83.2888
Why this setup?
- 4H is down; 1H not fully confirmed but does not break the bias.
- MACD 1H is aligned bearish.
- MACD 15M confirms bearish momentum.
- RSI remains in a bearish regime.
📊 Bias Confidence: 59% | Execution Confidence: 73% | RR: 1.64 | Setup Quality: LOW
Trade responsibly; crypto markets are volatile and past performance is not indicative of future results.
⚠️ Personal view only. Manage risk and position size before entry.