Have the Edge
$AAVE continues to trade beneath a major resistance zone, with buyers failing to generate enough momentum for a breakout. As long as price stays below resistance, the probability of another leg lower remains high.
๐Ÿ“‰ $AAVE โ€“ SHORT
Entry: $85.80 โ€“ $86.20
๐Ÿ›‘ Stop Loss: $88.20
๐ŸŽฏ Take Profit Targets: โ€ข TP1: $84.50
โ€ข TP2: $83.00
โ€ข TP3: $81.50
Why this trade? ๐Ÿ”ธ Multiple rejections at resistance show sellers remain in control.
๐Ÿ”ธ Lower highs indicate weakening bullish momentum.
๐Ÿ”ธ A breakdown below support could trigger a wave of long liquidations.
๐Ÿ”ธ The setup offers a strong risk-to-reward ratio with clearly defined invalidation.
Patience is keyโ€”don't chase the move. Let price enter the zone, wait for confirmation, and stick to your trading plan. Consistent execution beats emotional trading every time. ๐Ÿ“‰๐Ÿ”ฅ
$TLM