Everyone is looking for a bounce on $AAVE , but I’m watching whether sellers can keep control below resistance and force another leg lower.
$AAVE /USDT – SHORT-TERM BEARISH
Trade Plan
Entry: $62.00 – $63.20
SL: $65.80
TP1: $61.00
TP2: $60.20
TP3: $59.69
Why This Setup?
4H Structure: AAVE remains trapped below the key resistance zone at $65.45, keeping lower-high pressure intact and favoring sellers in the short term.
Price Positioning: Recent recoveries have struggled to gain acceptance above resistance, suggesting buyers are losing momentum as price approaches supply.
RSI & Momentum: Momentum remains weak on the 4H timeframe, with bearish pressure likely to persist unless buyers reclaim higher levels.
Volume Behavior: Selling activity continues to appear on rallies rather than breakdowns, a common sign that larger participants are distributing into strength.
Daily Context: The $59.69 support level remains the primary downside target. If sellers break this area, the market could search for liquidity even lower before finding stronger demand.
As long as $65.45 remains unbroken, the short-term advantage stays with the bears.
Debate:
Is AAVE setting up for another move toward support as sellers defend resistance...
Or will buyers reclaim $65.45 and invalidate the bearish structure?
Click Trade here 👇
