$AAVE /USDT – BEARISH MOMENTUM CONTINUES, SELLERS DRIVING PRICE LOWER
AAVE has broken down from its consolidation range and is showing strong bearish momentum after failing to hold the $316–$320 resistance area. Sellers dominated, pushing the price sharply lower, and now the market is aiming for deeper support levels. Unless bulls step in aggressively, the short-term trend favors further downside.
Trade Setup (Short):
Entry Zone: $307 – $309
Take Profit 1 (TP1): $303
Take Profit 2 (TP2): $300
Stop Loss (SL): $312
Market Outlook:
The trend structure remains bearish in the short term, with lower highs and strong breakdown candles confirming weakness. If $306 breaks decisively, the next leg down toward $300 could be swift. Watch for rejection wicks near $312 as confirmation of sellers defending resistance.
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buy and trade here on $AAVE