$AAVE IS PUMPING HARD ... BUT LOOK AT THE BIGGER PICTURE
AAVE has made a strong recovery and is now trading around $126, but compared with its previous ATH near $666, price is still roughly 80% below the top.
That is what makes this move interesting.
Short term, momentum is clearly bullish and buyers are coming back strongly.
But on the higher timeframe, AAVE still has a huge gap to recover before even thinking about old highs.
If this recovery keeps building, the important zones ahead are around $135, then $160–$180.
Strong pump now, but still deeply discounted compared with the previous cycle high.
$AAVE
AAVE has made a strong recovery and is now trading around $126, but compared with its previous ATH near $666, price is still roughly 80% below the top.
That is what makes this move interesting.
Short term, momentum is clearly bullish and buyers are coming back strongly.
But on the higher timeframe, AAVE still has a huge gap to recover before even thinking about old highs.
If this recovery keeps building, the important zones ahead are around $135, then $160–$180.
Strong pump now, but still deeply discounted compared with the previous cycle high.
$AAVE
