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Bearish

I’m watching $AAVE for a short here.



AAVE dropped from $123.65 and the current bounce looks more like a relief move than a full reversal. Price is now approaching the previous breakdown area around $122.3–$122.5, so I’m watching for sellers to step back in.

Entry: $122.25–$122.50
Targets:
TP1: $121.90
TP2: $121.40
TP3: $120.60
Stop: $123.05

For me, $123 is the key level. As long as AAVE stays below it, the short-term bearish structure remains intact. A clean reclaim above $123.05 would invalidate the short idea.

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AAVEAAVE-0.56%


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SwingFisher
12 minutes ago
Short squeeze risk also needs to be guarded against—liquidity sometimes doesn’t play fair.
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SectorRotator
12 minutes ago
First Review
$123 is a pretty precise support level; if it breaks, get out.
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