$AAVE /USDT Rejected Hard at $303 – Bearish Move Brewing!
$AAVE just faced a strong rejection from the $303 resistance on the 4H chart, signaling a potential shift in momentum.
The wick-heavy candle and weakening bullish pressure indicate sellers are stepping in aggressively — a bearish setup is now in play.
Short Trade Setup:
• Entry Zone: $301 – $302
• TP1: $298
• TP2: $296
• TP3: $294.50
• Stop Loss: $303.50
Market Insight:
Momentum has flipped bearish after a failed attempt to break through $303. Lower highs are starting to form, and volume is picking up on red candles — a classic sign of distribution.
If price stays below $302, we could see a sharp pullback toward the $295 zone. Keep an eye on bearish engulfing patterns or volume spikes for confirmation.
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