AAVE: Bearish Range Play — Watching for Move Back to Monday Low

✅ Break above Monday high rejected, confirming resistance
✅ Structure is bearish — main scenario is return to Monday low ($221.56)
✅ Watch for reaction at target for partial profit taking

Active Scenario:

Hold/enter shorts while below Monday high

Target: $221.56 (Monday low)

Partial profit: On first touch of Monday low

Watch: Price reaction for potential reversal/setup at Monday low

🔔 Triggers & Confirmations:
Only consider reversal/long on strong bounce or reclaim at Monday low

Remain bearish while price is under Monday high

🚨 Risk Warning:
Local trend is bearish — don’t fight structure until reversal is confirmed