$AAVE USDT BEARISH SETUP – STRONG REJECTION FROM HIGHS SHOWS SELL PRESSURE BUILDING

A is currently trading at 0.4987, up 4.46%, but after reaching a high of 0.5178, price faced strong rejection and is now pulling back below the 7 EMA (0.5032), indicating short-term bearish momentum.

TRADE SETUP (SHORT):

Entry: 0.4990 – 0.5020

Targets (TP):

• TP1: 0.4920

• TP2: 0.4875

Stop Loss (SL): 0.5060

MARKET OUTLOOK:

Despite today’s earlier bullish breakout, the sharp rejection candle near 0.5178 suggests sellers are taking control. If price remains below 0.5030, a continuation down towards 0.4920 support zone is expected in the short term.

Risk Management:

Always use a strict SL and calculated lot size to manage risks effectively in volatile intraday conditions.

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