DeFi is quietly having a moment, and AAVE at $89.49 is sleeping on the job. Here's why that's a gift.
📊 The Setup:
AAVE is down just 1.4% while BONK crashes 10%. Volume is low (0.44x average), which means sellers are exhausted, not aggressive. RSI at 42.9 on 4H — approaching oversold but not there yet. Price is still above the 99-day SMA at $86.43, which is acting as dynamic support.
🧠 Why AAVE Still Matters:
AAVE V3 adoption is growing. TVL is recovering. This isn't a meme — it's infrastructure. When DeFi summer 2.0 kicks off (and it will), AAVE will be one of the first movers. The low volume decline is actually bullish — it means holders aren't panicking.
📋 Trade Plan:
• Entry: $86 - $89 (scale in near the 99 SMA)
• Stop Loss: $82 (below the long-term moving average)
• TP1: $95 (+7%)
• TP2: $105 (+20%)
• Confidence: 68% — this is a patient accumulation play
The key level is $86. If it holds, we're building a base. If it breaks, $80 is next.
DeFi season: coming soon or cope? What's your AAVE thesis? 👇
#AAVE #DeFi #DYOR
⚠️ Not financial advice. Do your own research.
📊 The Setup:
AAVE is down just 1.4% while BONK crashes 10%. Volume is low (0.44x average), which means sellers are exhausted, not aggressive. RSI at 42.9 on 4H — approaching oversold but not there yet. Price is still above the 99-day SMA at $86.43, which is acting as dynamic support.
🧠 Why AAVE Still Matters:
AAVE V3 adoption is growing. TVL is recovering. This isn't a meme — it's infrastructure. When DeFi summer 2.0 kicks off (and it will), AAVE will be one of the first movers. The low volume decline is actually bullish — it means holders aren't panicking.
📋 Trade Plan:
• Entry: $86 - $89 (scale in near the 99 SMA)
• Stop Loss: $82 (below the long-term moving average)
• TP1: $95 (+7%)
• TP2: $105 (+20%)
• Confidence: 68% — this is a patient accumulation play
The key level is $86. If it holds, we're building a base. If it breaks, $80 is next.
DeFi season: coming soon or cope? What's your AAVE thesis? 👇
#AAVE #DeFi #DYOR
⚠️ Not financial advice. Do your own research.