🚀 $AAVE Is Parabolic: Buy the Pullback, Not the Candle 🎯
📰 Narrative
Aave V4 passed $1B in deposits A governance proposal for an IP foundation and a possible token burn (Aavenomics 3.0) sparked a pop to ~$187 DeFi rotation took AAVE from ~$159 to $180+
📊 Chart
Higher highs and higher lows, far above major MAs +50% from September lows, RSI near overbought Resistance: $184–190 | Support: $175–178, then $170
Read: Trend is bullish, but price is stretched. Wait for the dip. 🧠
🎯 Setup (ref ~$181, refresh first)
📍 Entry: $172–178
🎯 TP1: $190 (sell 50%, move stop to breakeven)
🎯 TP2: $208 (sell the rest or trail)
🛑 Stop: daily close below $164
📐 R:R ≈ 1.4R / 3R (from ~$175)
✅ Enter only if:
Price pulls into the entry zone A 1H/4H rejection candle closes back above $175 No daily close below $175
🚪 Exit early if price stalls at $187–190 with bearish 4H rejections.
💰 Risk ≤1% of account. Size = risk $ ÷ (entry − stop). Avoid high leverage.
⚠️ A crowded long can unwind fast.
#AAVE #Binance #BinanceSquare #DeFi #TradingSetup
Disclaimer: Educational only, not financial advice. Crypto is highly volatile and you can lose your capital. DYOR.
📰 Narrative
Aave V4 passed $1B in deposits A governance proposal for an IP foundation and a possible token burn (Aavenomics 3.0) sparked a pop to ~$187 DeFi rotation took AAVE from ~$159 to $180+
📊 Chart
Higher highs and higher lows, far above major MAs +50% from September lows, RSI near overbought Resistance: $184–190 | Support: $175–178, then $170
Read: Trend is bullish, but price is stretched. Wait for the dip. 🧠
🎯 Setup (ref ~$181, refresh first)
📍 Entry: $172–178
🎯 TP1: $190 (sell 50%, move stop to breakeven)
🎯 TP2: $208 (sell the rest or trail)
🛑 Stop: daily close below $164
📐 R:R ≈ 1.4R / 3R (from ~$175)
✅ Enter only if:
Price pulls into the entry zone A 1H/4H rejection candle closes back above $175 No daily close below $175
🚪 Exit early if price stalls at $187–190 with bearish 4H rejections.
💰 Risk ≤1% of account. Size = risk $ ÷ (entry − stop). Avoid high leverage.
⚠️ A crowded long can unwind fast.
#AAVE #Binance #BinanceSquare #DeFi #TradingSetup
Disclaimer: Educational only, not financial advice. Crypto is highly volatile and you can lose your capital. DYOR.