$AAVE gave back the whole Sunday pop already.
Yesterday it ran to 134.7, today three red 4h candles in a row and now it's sitting around 124.7. Not a crash, just steady selling while BTC waits on CPI.
Thing is 122.5 to 124 has caught every dip this month. Nov 4, Nov 5, Nov 8 all got bought right there. So this is the spot that actually matters, not the middle of the range.
If a 4h candle closes under 122.5 I think the Oct 30 wick area around 116 is next. For me the dip buyers only get credit back once it reclaims 129.5, thats where both EMAs sit right now.
Yesterday it ran to 134.7, today three red 4h candles in a row and now it's sitting around 124.7. Not a crash, just steady selling while BTC waits on CPI.
Thing is 122.5 to 124 has caught every dip this month. Nov 4, Nov 5, Nov 8 all got bought right there. So this is the spot that actually matters, not the middle of the range.
If a 4h candle closes under 122.5 I think the Oct 30 wick area around 116 is next. For me the dip buyers only get credit back once it reclaims 129.5, thats where both EMAs sit right now.
