$AAVE is up 36.97% over 30 days, 28.9 points ahead of BTC, and the market is still treating today's bounce like a one-off.
it ran from a $147.27 low to $165.98 in 24 hours and is parked near the top of that range. the 7d is still -2.13%, so most of this is a dip getting bought. the only headline on the page that's actually about the coin is Aave V4 drawing institutional interest, and I'd leave it at that.
the flaw in my own case: volume over the last 5 days is 0.58x the 20 days before it, and the daily MACD histogram is still negative. the screener gives it 9 out of 14, not a 12. I'm taking that setup anyway.
$AAVE trades at $163.6 right now. if it holds the daily EMA20 at $161.878, I think it walks up to the 20-day mean at $167.257. if it loses $161.878, I'm wrong on this and there's nothing to defend. anyone long from here would be riding it back toward that $147.27 low.
holding $161.878 or losing it?
follow me for more calls like this.
it ran from a $147.27 low to $165.98 in 24 hours and is parked near the top of that range. the 7d is still -2.13%, so most of this is a dip getting bought. the only headline on the page that's actually about the coin is Aave V4 drawing institutional interest, and I'd leave it at that.
the flaw in my own case: volume over the last 5 days is 0.58x the 20 days before it, and the daily MACD histogram is still negative. the screener gives it 9 out of 14, not a 12. I'm taking that setup anyway.
$AAVE trades at $163.6 right now. if it holds the daily EMA20 at $161.878, I think it walks up to the 20-day mean at $167.257. if it loses $161.878, I'm wrong on this and there's nothing to defend. anyone long from here would be riding it back toward that $147.27 low.
holding $161.878 or losing it?
follow me for more calls like this.