Post
Bearish

$AAVE is looking interesting for a short here.



AAVE is still struggling to recover after getting rejected from the $147 area. The 1H chart continues to show lower highs, and the recent bounce from $133.34 hasn’t been strong enough to change the bearish structure. I’m watching for another rejection around $137–$138 before expecting a move toward the previous low.

Entry: $137.20–$138.00

Targets:
TP1: $135.50
TP2: $134.20
TP3: $133.30

Stop: $139.20

For me, $138 is the key level. As long as AAVE stays below that resistance area, I’m watching for continuation lower. A clean reclaim above $139.20 would invalidate the short idea.

#BTCRetakes80K #GarrettJinHolds320MInZEC
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AAVEAAVE-0.74%

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HashSmoke
3 hours ago
The move down from 147 isn’t over yet, but if the area around the previous low of 133 holds, a small-scale double bottom may form. I’d lean toward waiting for a false breakout at 138 before considering a position.
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YieldOpt
3 hours ago
First Review
138 is indeed a critical level. A break below the previous low would confirm the structure, but altcoin liquidity has been too poor recently, so keep your stop-loss tighter.
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