$AAVE Watch for short opportunities. Right now, everyone across the market thinks its trend is very strong, but at this moment, the rejection signals around 97 are actually worth keeping a close eye on.



From the order flow, the 4-hour structure is still bearish. The daily chart continues to range and consolidate within the range. The 15-minute RSI is around 41; momentum is neutral, and there may still be room for a pullback lower. Also, there’s been increased volume on the short term—sell pressure is definitely ramping up.

I think you can look for a spot to short around 97. Downside targets are 96 and even 95, with your defense set at 98. Don’t chase too aggressively, make sure to place stops and control risk, and see whether this rejection will turn into a smooth sell-off.
AAVE1.26%
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