$AAVE USDT ā BEARISH SIGNAL AFTER REJECTION AT $295 š“
STRONG REJECTION NEAR LOCAL PEAK
CANDLE SHOWS SUPPLY PRESSURE AT THE TOP
$AAVE rallied from $277 to $295 but faced immediate rejection at the top, forming a bearish wick on the 1H chart. The current red candle signals buyer exhaustion after a vertical rise. Despite bullish MACD, price action suggests a potential short-term reversal.
Short Trade Setup:
ā¢ Entry: $292 ā $293
ā¢ Targets: $288 / $284
ā¢ Stop Loss: $296
ā¢ Leverage: 10x
ā¢ Risk: 2ā3% of wallet
Market Outlook:
Unless $295 is broken with strong volume, AAVE is likely to retrace. Momentum is slowing, and sellers may dominate below $291.
#AAVEUSDT #BearishSetup #CryptoTrading #BinanceFutures #ShortSignal