🚨 $AAVE
USDT BEARISH REVERSAL – SELLERS TAKING CONTROL! 🚨
The $AAVEUSDT chart shows a sharp rejection from the recent highs near $292, with current price trading at $279.70. The market is forming a strong bearish candle after failing to break resistance, indicating a potential downside continuation.
🔑 Key Levels:
Resistance: $291.80 – $292.00
Support: $273.50 (24h low), followed by $268.00
Current Price: $279.70
📉 Trade Setup (Short):
Entry Zone: $280 – $282
Targets (TP):
TP1: $273
TP2: $268
Stop Loss (SL): $286
📊 Market Outlook: Momentum is shifting towards the bears after repeated rejections at resistance, with high selling volume on this reversal candle. If price sustains below $282, expect further downside towards the key supports.
⚠️ Risk Management: Risk only 1-2% per trade. Wait for confirmation before entering shorts. Protect capital with a strict SL to avoid unexpected reversals.
💡 Stay disciplined. Trade smart.
👉 Comment 🟥 if you see this bearish setup playing out soon!