$AAVE has rallied back into a key supply zone where sellers may regain control, making this a strong short opportunity if resistance continues to hold.
Trading Plan – Short $AAVE
Entry: 89.0 – 90.0
SL: 95.0
TP1: 85.0
TP2: 81.0
TP3: 77.0
The recent recovery has pushed price back into a major resistance area that has previously attracted heavy selling pressure. Despite the bounce, the move still appears to be corrective within the broader bearish structure, while liquidity remains concentrated below the recent swing lows.
If buyers fail to establish acceptance above this resistance zone, a rejection could trigger the next leg lower, driving price toward the highlighted liquidity levels and take-profit targets. Stay patient, wait for confirmation, and manage your risk with discipline.
DYOR (Do Your Own Research).
Trading Plan – Short $AAVE
Entry: 89.0 – 90.0
SL: 95.0
TP1: 85.0
TP2: 81.0
TP3: 77.0
The recent recovery has pushed price back into a major resistance area that has previously attracted heavy selling pressure. Despite the bounce, the move still appears to be corrective within the broader bearish structure, while liquidity remains concentrated below the recent swing lows.
If buyers fail to establish acceptance above this resistance zone, a rejection could trigger the next leg lower, driving price toward the highlighted liquidity levels and take-profit targets. Stay patient, wait for confirmation, and manage your risk with discipline.
DYOR (Do Your Own Research).