$AAVE IS PRESSING AGAINST THE TRENDLINE THAT DEFINED ITS MULTI-MONTH DOWNTREND 🔥
This descending resistance level has rejected price three times since November and each rejection led to a 15-20% decline. The current structure shows higher lows building beneath it — compression like this typically resolves with an expansion move. Volume on the 4H is holding above average, suggesting accumulation before a potential break.
A daily close above this slope would flip long-term market structure for the first time in months. Are you positioning now or waiting for the confirmed close?
Not financial advice. Always manage your risk.
#AAVE #BreakoutWatch #Trendline #Crypto
🔥
This descending resistance level has rejected price three times since November and each rejection led to a 15-20% decline. The current structure shows higher lows building beneath it — compression like this typically resolves with an expansion move. Volume on the 4H is holding above average, suggesting accumulation before a potential break.
A daily close above this slope would flip long-term market structure for the first time in months. Are you positioning now or waiting for the confirmed close?
Not financial advice. Always manage your risk.
#AAVE #BreakoutWatch #Trendline #Crypto
🔥