$AAVE ’s Momentum Falters at the Top – Reversal in Motion

After testing the resistance zone near $264.51, $AAVE failed to sustain its rally and printed a strong rejection candle. The price is now pulling back from the top, signaling potential short-term weakness. With buyers losing steam, a correction may follow.

Short Trade Setup – AAVE/USDT:

Entry Zone: $257 – $259

Take Profit 1: $251.80

Take Profit 2: $248.50

Take Profit 3: $243.90

Stop-Loss: $264.70

The price action suggests a bearish engulfing pattern on the 1H chart, making this a potential intraday short opportunity with tight risk control.