🚨 $AAVE BULLS BROKE THE H1 RANGE—BUT LONGING $171.28 NOW IS THE CHASE.
AAVEUSDT USD-M Futures last closed at $171.28 (29 Sep, 11:59 UTC).
Three reasons the primary bias is BULLISH:
1️⃣ An H1 candle closed at $163.80 above the $157.38 range high, confirming a bullish BOS with clear displacement.
2️⃣ That breakout candle traded 262.2K AAVE—about 5.58× its prior 20-hour volume average. The latest candle also traded about 3.06× its prior average.
3️⃣ The drop to $143.90 was followed by a higher low at $145.96 and then a strong recovery. This could be a candidate Spring/ST sequence, with a developing Wyckoff SOS; the retest is still missing.
SMC: the $156.50–$158.00 former resistance band is the area to watch if price pulls back. A close above $157.38 already met the trigger, but buyers must defend the retest before it becomes an entry.
🟢 CONDITIONAL LONG
Trigger: H1 close above $157.38 (met).
Entry: $156.50–$158.00 only after a held retest.
SL: $153.00
TP1: $169.00 (2.8R)
TP2: $173.38 (3.8R)
R:R uses the $157.25 entry midpoint. Invalidation: H1 close below $153.00.
STATUS: BULLISH BIAS — NO ENTRY YET. Price is far above the entry zone. Do not Long the breakout candle or chase a new high. If the retest never arrives, skip the setup.
Can AAVE turn $157.38 into support after this expansion?
$AAVE #Wyckoff #SMC
Paper analysis only. Not financial advice.
AAVEUSDT USD-M Futures last closed at $171.28 (29 Sep, 11:59 UTC).
Three reasons the primary bias is BULLISH:
1️⃣ An H1 candle closed at $163.80 above the $157.38 range high, confirming a bullish BOS with clear displacement.
2️⃣ That breakout candle traded 262.2K AAVE—about 5.58× its prior 20-hour volume average. The latest candle also traded about 3.06× its prior average.
3️⃣ The drop to $143.90 was followed by a higher low at $145.96 and then a strong recovery. This could be a candidate Spring/ST sequence, with a developing Wyckoff SOS; the retest is still missing.
SMC: the $156.50–$158.00 former resistance band is the area to watch if price pulls back. A close above $157.38 already met the trigger, but buyers must defend the retest before it becomes an entry.
🟢 CONDITIONAL LONG
Trigger: H1 close above $157.38 (met).
Entry: $156.50–$158.00 only after a held retest.
SL: $153.00
TP1: $169.00 (2.8R)
TP2: $173.38 (3.8R)
R:R uses the $157.25 entry midpoint. Invalidation: H1 close below $153.00.
STATUS: BULLISH BIAS — NO ENTRY YET. Price is far above the entry zone. Do not Long the breakout candle or chase a new high. If the retest never arrives, skip the setup.
Can AAVE turn $157.38 into support after this expansion?
$AAVE #Wyckoff #SMC
Paper analysis only. Not financial advice.
