$AAVE STABLE VAULTS CATALYST VS BEARISH MACRO – WILL $100 HOLD? 🚨
Volume jumped 14.5% and price is up 3.5% in 24 hours, pushing AAVE toward the $100 psychological level. The Stable Vaults launch is real utility – fintechs can now embed fixed stablecoin yields. But the daily chart still shows a downtrend from May, with a Fibonacci 61.8% barrier at $95.55 just below.
A push above $100 could easily turn into a bull trap at the 78.6% retracement near $105.81. The macro structure doesn't flip until price reclaims the swing high at $118.87. Short-term profit-taking looks smarter than riding into that resistance zone blind.
Are you locking in gains here or waiting for a clean break above $118.87?
Not financial advice. Always manage your risk.
#AAVE #DeFi #BullTrap #Resistance #Altcoins
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Volume jumped 14.5% and price is up 3.5% in 24 hours, pushing AAVE toward the $100 psychological level. The Stable Vaults launch is real utility – fintechs can now embed fixed stablecoin yields. But the daily chart still shows a downtrend from May, with a Fibonacci 61.8% barrier at $95.55 just below.
A push above $100 could easily turn into a bull trap at the 78.6% retracement near $105.81. The macro structure doesn't flip until price reclaims the swing high at $118.87. Short-term profit-taking looks smarter than riding into that resistance zone blind.
Are you locking in gains here or waiting for a clean break above $118.87?
Not financial advice. Always manage your risk.
#AAVE #DeFi #BullTrap #Resistance #Altcoins
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