$AAVE has broken down from a tight consolidation zone around the $280 level, forming a clear descending channel and showing strong bearish momentum. While the price is currently seeing minor consolidation, the bias remains bearish unless buyers reclaim the $272 level.
Trade Setup (Short):
Entry: $268 โ $270
Stop Loss: Above $273
Target 1: $265
Target 2: $260
Target 3: $255