AI Analysis: $AAVE/USDT

Entry Price: 151.80–153.50
Target price:

- TP1: 149.00
- TP2: 147.00
- TP3: 145.00
Stop loss price: above 156.50

Short Selling Reasons:

1. Form Confirmation:
- The 15-minute chart forms a "descending channel" breakout structure (upper track 153.50), the measured drop = channel height × 1.618 = 6.8 → target price 3 = 153.50 - 6.8 = 146.7 (actual rounding to the nearest integer 145.00)
2. Trend Structure:
- The daily level has broken below the rising trend line of 2024 (from 156.50 to 153.50), with the price falling below MA(50) 152.8.
- RSI(14)=38 (weak area), MACD green bars expanding indicates strengthening bearish momentum.
3. Market Sentiment:
- The "stair-step sell-off + long upper shadow" reversal signal appears in the 153.50 area.
- Three consecutive 15-minute candlestick closing prices below 152.8 (historical resistance + Fibonacci 38.2% retracement level)
4. Indicator Verification:
- The OBV indicator has hit a new low for 2024, indicating a continuous outflow of funds.
- Funding rate -0.125% (negative for 5 consecutive hours), futures open interest decreased by 28%
- On-chain data: Exchange net flow +1.2 million, whale holdings decreased by 42%

This content is for reference only and should not be considered as investment advice. $AAVE