AAVE is trading at a key market structure break with a 78% confidence level for a short setup. Current price action suggests a potential reversal.
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🔴 $AAVE SHORT 📉
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📍 Entry Range: $84.7152 – $84.8848
🛑 Stop Loss: $87.3440 (-3.0%)
🎯 TP1: $83.5280 (+1.5%)
🏆 TP2: $80.5600 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 78%
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This setup is driven by the CHoCH signal indicating a break in market structure, combined with a clear FVG and POI confluence where order blocks and fair value gaps overlap. The FVG provides a clear target zone, while the POI confluence strengthens the case for a short. Market structure looks ready to unwind recent gains.
A 3.0% stop loss seems relatively tight but manageable with 2x leverage, allowing for a reasonable risk/reward ratio of 1:1.7.
Considering taking partial profits at the first target to lock in some gains and then reassess the trade's progress
Not financial advice — always manage your own risk 🙏
#AAVEUSDT $AAVE #SMC #Write2Earn #Binance
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🔴 $AAVE SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $84.7152 – $84.8848
🛑 Stop Loss: $87.3440 (-3.0%)
🎯 TP1: $83.5280 (+1.5%)
🏆 TP2: $80.5600 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 78%
━━━━━━━━━━━━━━━━━━━━━
This setup is driven by the CHoCH signal indicating a break in market structure, combined with a clear FVG and POI confluence where order blocks and fair value gaps overlap. The FVG provides a clear target zone, while the POI confluence strengthens the case for a short. Market structure looks ready to unwind recent gains.
A 3.0% stop loss seems relatively tight but manageable with 2x leverage, allowing for a reasonable risk/reward ratio of 1:1.7.
Considering taking partial profits at the first target to lock in some gains and then reassess the trade's progress
Not financial advice — always manage your own risk 🙏
#AAVEUSDT $AAVE #SMC #Write2Earn #Binance