$AAVE just completed a sharp rally from $184 to $206.36, but the chart is now showing early signs of exhaustion. Price has slipped back under the EMAs, short-term momentum is fading, and sellers are stepping in near resistance — setting up a clean short opportunity.
🔻 Short Setup (New Pronunciation)
Entry Zone: $198 – $199
• Look for a clear bearish confirmation candle (Pin Bar, Bearish Engulfing, etc.)
Stop-Loss: $200.60
TP1: $194
TP2: $190
AAVEUSDT
Perp Price: 198.3
Change: +5.63%
📊 Market Context
The surge from $184 → $206.36 pumped heavy volume, but that volume has now cooled — the market is taking a “breather.”
EMA 18 has crossed below EMA 70, signaling short-term bearish momentum.
Price is trading under both EMAs, increasing the probability of downside continuation.
The key resistance band at $198–$200 has repeatedly shown strong reactions and aligns with the EMA cluster.
🔻 Why Short?
With weakening momentum, declining volume, and price failing to reclaim resistance, the safer and higher-probability play is a short from the nearby resistance.
