$AAVE Market Structure Update 📉
The 4H chart has completely lost the local range. We are printing lower highs and trading heavy below dynamic resistance. The breakdown below $165 confirms the bearish bias.
The Play:
Looking to SHORT a relief bounce into the bearish retest zone.
Entry: Limit orders around $160.00 - $162.00.
Target 1: $147.12 (Key Support)
Target 2: $113.30 (Macro Lows)
Invalidation:
A daily close back above $172.00 ruins the structure.
Patience pays. Don't chase the wick, wait for the liquidity sweep.
#AAVE #Crypto #Trading #DeFi
