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Bearish

I’m watching $AAVE for a short here.



AAVE got rejected hard from the $136 area, and the 1H chart is now printing lower highs while price keeps slipping below $131. Sellers still look in control unless that level gets reclaimed.

Entry: $129.70–$130.30

Targets:
TP1: $128.60
TP2: $127.90
TP3: $126.20

Stop: $131.30

For me, $131 is the key level. As long as AAVE stays below it, I’m looking for continuation lower. A clean reclaim above $131.3 would invalidate the short idea.

#Gate60MillionUsers #BTCReclaims80K
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AAVEAAVE-1.94%

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MistValleyFront
31 minutes ago
AAVE’s highs in this move are getting progressively lower, forming a fairly standard bearish structure. However, if #BTCReclaims80K and the broader market rebounds strongly, DeFi could surge along with it—watch the correlation.
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StopLossSentry
43 minutes ago
If $131 fails to hold, it will indeed crash, but the risk of chasing a short at this level is also significant. Wait and see whether it’s a false breakout.
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MAGridWorker
an hour ago
First Review
The stop-loss is set quite tight—if 131.3 breaks, exit immediately. This kind of risk management is worth learning.
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