$AAVE – Bearish Rejection from $291 Area
Trading at $277.12 (-3.17%), with a sharp rejection from the highest level in 24 hours at $291.30 and returning to the previous range. Price action shows weakness with a lower high structure, and selling pressure is increasing (1.33M AAVE / $371.19M USDT), indicating a likelihood of pushing the price lower if support at $268 is broken.
Unless AAVE breaks and holds above $291 with strong volume confirmation, the trend leans towards short setups.
Watch the $268 level closely — a breakdown could lead to deeper sell-offs.
Entry Point (Short): $277 – $282
Target 1: $268
Target 2: $255
Stop Loss: $293
Buy and Trade Here$AAVE