$AAVE — someone asked whether 165.79 is still worth chasing. Here is the short-term picture: 24h +3.83%, past two hours up 2.64%.
$AAVE last 165.79, 24h +3.83%, sitting at 97.0% of the 24h range 157.42 - 167.94.
On 15m, 4 of the last six candles closed green - buyers still absorbing.
On 15m, $AAVE trades above MA20 (162.06) and MA50 (160.39); the two MAs are separated, direction is clear.
On 2H, range 134.83 - 176.17, price at 79.3%; 2H MA20 162.55, price 1.99% above it.
Daily structure is intact bullish: $AAVE MA20 at 141.55, price 17.13% above; daily range 85.02 - 176.17, position 90.6%.
Levels, straight numbers:
$AAVE resistance 167.94 (last 8x 15m high).
Support 161.53 (last 8x 15m low); below that, 157.42 — the 24h low.
Funding -0.0087%, flat — no leverage build-up on the perp side.
[$AAVE VIEW] BULLISH (12-24h)
[WHY] 1) 2H MA20 (162.55) supports price, mid-term structure intact; 2) 4 of last 6 15m candles green, momentum strong; 3) price at 97.0% of the 24h range, near the high — chasing is expensive
[TRIGGER] reclaim 167.94 and hold two 15m candles -> view flips stronger; lose 161.53 -> view flips bearish or void
[INVALIDATION] A high-volume 15m candle closing back through the level = stop-run, this view is void.
This round: BTC +0.54%, ETH +0.93%, SOL -0.35%, FIL +0.23%, AAVE +3.83% — Add or trim $AAVE at this level?