$AAVE is falling into a strong downtrend, prioritizing trend-following trades to preserve capital
The H1 frame shows a strong AAVE breakdown from the 170–175 range with a continuous series of bearish candles, the price is deeply below EMA7–EMA25–EMA99; the lower high – lower low structure is clear, the current bounce is purely technical.
SHORT 158 – 162
TP1 150
TP2 145
TP3 138
🛑 Stop Loss 166
Prioritize selling when the price bounces up to the dynamic resistance area, avoid catching the bottom when there are no clear reversal signals in the structure.
Trade AAVE on Binance👇
AAVEUSDT
Perp
153.62
-12.75%