Post
Solaiman Erfan
Short setup on $AAVE Entry 128.73, stop 133.58, target 113.38. That's 3.16 R:R.
Here's the read. Price crashed to 115 on Wednesday, then rallied 11% straight back into the order block at 129 to 132. Same zone it broke down from.
That's not strength. That's price returning to the scene of the crime to fill orders before the next leg.
The bounce has been vertical with no base underneath it. If 133.58 goes, I'm wrong and out.
Fade the bounce or trust it?
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