$AAVE is ~$146.6 at 07:11 ICT Oct 23 on Binance spot (-5.7% in 24h, ~$21M volume). Oct 22 swept the $146–147 range floor down to $144.30 and closed back on it at $146.77. Here is my plan, at half size.

🔥 What's moving it

• Macro first: BTC fell from above $84K to ~$81K on Oct 22 in a risk-off day (Tesla/Meta earnings hit Nasdaq futures, Brent above $112 on US–Iran tensions). ~$458M got liquidated, ~$418M of it longs.

• Oct 22: Sentora launched the first externally curated markets on Aave V4 (borrow RLUSD, PYUSD, OUSD against USDe, PRIME, mWIN, PST and kBTC). Aave DAO keeps contract ownership and a 48h timelock on risk-increasing changes.

• Oct 21: Aave Labs posted an ARFC for Aave V3.8 (reentrancy guard via transient storage, Certora audits before the AIP vote). A separate ARFC to add native BTC collateral on V4 via Babylon vaults is still under discussion.

Real V4 progress, but no hard date. It's a news cluster, and the tape is driving price.

📊 Daily (1D)

Since Oct 13 AAVE has ranged $146.03–165.98. The floor held on Oct 15 ($147.05), Oct 18 ($146.03) and Oct 19 ($146.81).

Oct 22: $154.94 → $146.77, low $144.30. Volume 143.3K AAVE vs a ~121.8K 20-day average (+18%). It swept the floor and closed back on it.

The Sep 28 low ($144.01) sits right below, so $144 is a double-bottom area.

Price is under the daily EMA20 (~$155.8) and just under the EMA50 (~$148.2). Wilder RSI(14) ~42: weak, not oversold.

⏱️ 4H

The 4H rolled over from the Oct 21 high ($160.55) and lost both EMAs: EMA20 ~$150.7, EMA50 ~$153.7. Wilder RSI(14) ~38.

TP1 sits at $151.0–152.5, where the 4H EMA20 meets the Oct 22 breakdown area.

First sign of strength: a 4H close back above $149, which also reclaims the daily EMA50.

🎯 Bull / bear levels

• Bid: $144.50–146.50 (range floor + Sep 28 / Oct 22 lows)

• TP1: $151.0–152.5 (~1.5–1.9R from $145.50)

• TP2: $158.0–160.5 (Oct 20–21 highs, ~3.5–4.2R)

• Out: 4H close below $142 (stop $141.90, risk ~2.5%)

• Bull trigger: 4H close above $149

• Bear case: lose $142 and the Sep 20/24 lows ($133–135) come into play.

No add zone. Half size, and only while BTC holds $80K.

💭 My take

I like the sweep: a fourth tag of $146 with a wick to $144 that got bought back. But this is a range floor in a risk-off tape, not a confirmed reversal. Price is still under the daily EMA20/50 and both 4H EMAs, and every retest weakens a floor. So it's half size with a tight out, and I won't add if BTC loses $80K. If $142 goes, I'm wrong, and I wait for $133–135.

Would you buy $AAVE at the $144 floor, or wait for a 4H close above $149? 👇

NFA. DYOR.