【$AAVE Signal】Short position + High-level consolidation for distribution

$AAVE forms a high-level consolidation after reaching the 115.18 high, with the price declining but open interest remaining stable. Combined with buy orders absorbing sell pressure but the price not rising, indicating that the main force is distributing at the resistance zone.

🎯 Direction: Short

The price repeatedly tests the 112-115 range. The 4H candlestick shows that each rally is suppressed by selling pressure. Buy orders are active but unable to break through effectively. This is a typical trap for distribution. Open interest has not decreased with the price decline, indicating that the bulls are not being liquidated on a large scale but that the main force is exiting in an orderly manner. Although the funding rate is positive, it can no longer drive the price up. The market logic has shifted to a bearish dominance. Wait for a clearer downward structure or a break below key support before considering entry.

Trade 👇 here $AAVE

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