$AAVE is holding $125.42, yesterday's high flipped into a floor, and it hasn't handed the level back once.
that's why this minute matters. the coin broke out, pulled back to the breakout, and buyers stepped in right where they had to. daily RSI at 64 sits in the zone where trends keep running instead of stalling, and the MACD histogram is positive on the daily and the 4-hour.
the 30-day tape backs it up: up 38.13% while beating bitcoin by 16.4 points over that stretch. that reads like a coin leading the market, not drifting with it.
what i don't love is the volume. the last 5 days ran 0.82x the 20 days before, and 24h Binance volume is just $17M. a move this size wants more fuel under it, and that's the crack in the case.
i'm still taking the long side. i think $AAVE grinds toward the 10-day swing high at $145.09 as long as $125.42 stays underneath it. it trades at $127.45 right now, inside a 24-hour range of $123.90 to $129.04. if it holds $125.42, i think buyers keep leaning on it and push into the mid-140s. if it loses $125.42, i'm wrong on this and there's nothing to defend, the breakout failed and anyone long from up here is just holding a broken chart.
holding $125.42 or losing it?
that's why this minute matters. the coin broke out, pulled back to the breakout, and buyers stepped in right where they had to. daily RSI at 64 sits in the zone where trends keep running instead of stalling, and the MACD histogram is positive on the daily and the 4-hour.
the 30-day tape backs it up: up 38.13% while beating bitcoin by 16.4 points over that stretch. that reads like a coin leading the market, not drifting with it.
what i don't love is the volume. the last 5 days ran 0.82x the 20 days before, and 24h Binance volume is just $17M. a move this size wants more fuel under it, and that's the crack in the case.
i'm still taking the long side. i think $AAVE grinds toward the 10-day swing high at $145.09 as long as $125.42 stays underneath it. it trades at $127.45 right now, inside a 24-hour range of $123.90 to $129.04. if it holds $125.42, i think buyers keep leaning on it and push into the mid-140s. if it loses $125.42, i'm wrong on this and there's nothing to defend, the breakout failed and anyone long from up here is just holding a broken chart.
holding $125.42 or losing it?
