Yello, Paradisers! #AAVE looks bullish on the surface—but is this setup quietly setting up for a brutal dump? Here's the key level that will trigger the next big move:
💎#AAVEUSD is currently trading around $143.66, holding inside a clear ascending channel on the 4H timeframe. The price action of #AAVE has been respecting both the ascending support and resistance trendlines, forming higher lows and higher highs—but momentum is fading.
💎A bearish divergence on the momentum oscillator is signaling early weakness despite the price climbing higher. This divergence usually marks the beginning of a bull trap, where the price appears strong just before a sharp reversal.
💎The immediate resistance to watch is in the $156. This is where price was recently rejected, near the upper channel trendline. Above that, $156 remains the key Bearish Setup Invalidation level. A breakout and hold above this would invalidate any bearish structure and could lead to a push toward $170+.
💎However, if AAVE breaks below the ascending support, currently near $140, it opens the door for a sharp drop. The first target is the $126.10 support zone, followed by the $114.35 level, which aligns with a strong historical demand area.
Play it safe, respect the structure, and let the market come to you. Discipline, patience, and strategy are what separate long-term winners from short-term gamblers
MyCryptoParadise
iFeel the success🌴
💎#AAVEUSD is currently trading around $143.66, holding inside a clear ascending channel on the 4H timeframe. The price action of #AAVE has been respecting both the ascending support and resistance trendlines, forming higher lows and higher highs—but momentum is fading.
💎A bearish divergence on the momentum oscillator is signaling early weakness despite the price climbing higher. This divergence usually marks the beginning of a bull trap, where the price appears strong just before a sharp reversal.
💎The immediate resistance to watch is in the $156. This is where price was recently rejected, near the upper channel trendline. Above that, $156 remains the key Bearish Setup Invalidation level. A breakout and hold above this would invalidate any bearish structure and could lead to a push toward $170+.
💎However, if AAVE breaks below the ascending support, currently near $140, it opens the door for a sharp drop. The first target is the $126.10 support zone, followed by the $114.35 level, which aligns with a strong historical demand area.
Play it safe, respect the structure, and let the market come to you. Discipline, patience, and strategy are what separate long-term winners from short-term gamblers
MyCryptoParadise
iFeel the success🌴
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。