AAVEUSDT Breakdown Imminent ? Bearish Setup
AAVE/USDT perpetual contract on the 2-hour timeframe presents a descending channel formation in the. The price has been respecting the upper and lower trendlines, showing multiple rejections at both levels. Currently, the price is testing the lower boundary of the channel, and a breakdown could trigger further downside momentum.
The short setup suggests a bearish continuation if the price breaks below the lower trendline. The entry point is positioned around the 264.57 level, with a stop-loss placed above the recent swing high to manage risk. The take-profit zone is projected toward 221.84, aligning with the next significant support level.
Key factors to consider
The price is forming lower highs and lower lows, confirming the downtrend structure.
The red zone represents the stop-loss area, ensuring risk management in case of reversal.
The blue zone marks the potential profit-taking region, which aligns with a strong demand zone.
If a breakdown occurs with strong bearish volume, it could accelerate the move toward the target zone.
A potential retest of the broken support level could offer additional confirmation before further downside.
Traders should monitor volume and market sentiment before entering the trade, ensuring that bearish momentum supports the continuation of the trend.
The short setup suggests a bearish continuation if the price breaks below the lower trendline. The entry point is positioned around the 264.57 level, with a stop-loss placed above the recent swing high to manage risk. The take-profit zone is projected toward 221.84, aligning with the next significant support level.
Key factors to consider
The price is forming lower highs and lower lows, confirming the downtrend structure.
The red zone represents the stop-loss area, ensuring risk management in case of reversal.
The blue zone marks the potential profit-taking region, which aligns with a strong demand zone.
If a breakdown occurs with strong bearish volume, it could accelerate the move toward the target zone.
A potential retest of the broken support level could offer additional confirmation before further downside.
Traders should monitor volume and market sentiment before entering the trade, ensuring that bearish momentum supports the continuation of the trend.
交易進行
交易結束：目標達成
Time to book partial gains! As I predicted, the market has dropped sharply just as expected. I never disappoint my followers, always delivering the best possible trades. Now, move your stop-loss to breakeven and enjoy the rest of the ride. Secure your well earned profits while maximizing the remaining potential. Precision, strategy, and execution that’s how we win.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。