$AAVE is back at a decision zone — and the reaction here matters more than the headline price.
AAVE is around $129, with Binance showing a 24H range of $126.51–$133.03 and about 95.35K AAVE traded on spot. Price has also pulled back from the recent $140.19 high, so buyers now need to prove that this is a healthy retest rather than the start of another lower move.
What makes the setup interesting is that fundamentals haven't gone quiet.
Aave's governance is actively discussing V4 activation on Ethereum Mainnet, while recent V4 deposits across five hubs reached roughly $577M, up about 5% from the previous round. That's meaningful ecosystem activity, but price still needs to confirm the strength.
Technically, I’m watching $126–$127 as the first important demand area. If buyers defend it and reclaim $133, the structure can start looking stronger again, with $137–$140 becoming the next resistance zone.
But if $126 breaks decisively, I wouldn't rush into a long. The next downside area becomes more interesting around $123–$124, where the earlier September structure developed.
My fresh trading plan:
Entry: $127.50–$129.50
TP1: $133.00
TP2: $137.00
Stop Loss: $124.90
Invalidation: Sustained break below $126
I would prefer confirmation through a reclaim of $133 rather than chasing a bounce inside the range.
Crypto is volatile, so manage position size and risk according to your own strategy.
Would you wait for $133 to break, or do you think the $127–$129 zone is already attractive for a bounce?
#AAVE #Crypto #Binance #DeFi #TechnicalAnalysis