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I’m also watching $AAVE for a selling setup.
This chart is still pretty weak. AAVE has been printing lower highs and lower lows all the way down from the $140+ area, and the small bounce around $125 hasn’t changed that structure yet.
Entry: $127–$130
Targets:
TP1: $125
TP2: $124.35
TP3: $122.50
SL: Above $131
I’d rather wait for a weak bounce into $129–$130 than chase it down here. If sellers step back in around that resistance, the trend still favors another move lower.