๐ป $AAVE BEARISH ALERT: REJECTION FROM THE TOP! ๐๐
The bulls hit a brick wall! ๐งฑ We are seeing a textbook 1D timeframe rejection from a major resistance zone, signaling a potential bearish continuation. ๐๐
If youโve been looking for a short setup, the charts are whispering (loudly) that momentum is fading fast. ๐ฅ๐จ
๐ THE SHORT SETUP (BEARISH)
The daily wick rejection at the 121โ124 region confirms weakness is setting in. ๐
๐ฏ Entry Zone: 120.8 โ 124.5
๐ Target 1: 114
๐ Target 2: 108
๐ Target 3: 98 (Liquidity Zone! ๐ณ๏ธ)
๐ก๏ธ Stop Loss: 131.2
๐ MARKET INSIGHTS
๐ซ Resistance Rejection: A massive 1D wick shows sellers are defending the supply zone aggressively. โ๏ธ
๐ Lower High: A lower high is forming on the daily chartโstructure is shifting! ๐๏ธ
๐ Momentum Loss: The relief bounce has run out of steam. ๐จ
๐ The Trigger: A break below 114 opens the floodgates toward the 100 psychological level. ๐
โ ๏ธ INVALIDATION: A daily candle close above 131 kills the bearish bias. Stay disciplined! ๐ก๏ธโ๏ธ
#AAVE #CryptoShort #DeFi #BearishChart #TradingSignals
