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LedgerBull

$AAVE showing rejection from local highs with momentum shifting bearish.


Sellers stepping in as structure weakens on lower timeframes.

EP
107 - 109

TP
TP1 104
TP2 101
TP3 98

SL
110

Liquidity above 108 was swept before a sharp sell-off, confirming rejection. Recovery remains weak with lower highs forming, suggesting continued downside unless price reclaims resistance.

Let’s go $AAVE ‌
AAVE8,78%
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OneUnfilledOrder
· 3h ago
In the lower timeframe, the price remains below the high, and the bears are indeed favored. Unless there is a strong rebound back above 108-109, expect further downward movement.
View OriginalReply0
AprDaydream
· 4h ago
I think TP1 to 104 will have a rebound first. Remember to take profits in batches and don't be greedy.
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PerpNightshift
· 4h ago
Entering at 107-109 is a bit too close, it feels more suitable to wait for a rebound closer to 109 before shorting, with a clear stop-loss at 110.
View OriginalReply0
L2Sprinter
· 4h ago
Set the stop-loss at 110 OK, but if volatility increases, it's better to control position size rather than hold through it.
View OriginalReply0
GateUser-e623ef4b
· 4h ago
At that 101 level, there’s prior low support—there may be a sweep/stop-hunt that temporarily breaks it. Don’t get washed out.
View OriginalReply0

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