🧠 Technique and structure (1D and 30min)

On the daily chart, $AAVE broke its bearish structure with clear BOS and ChoCh in April, confirming a new HL above $150 and a subsequent HH at $230. Currently, the price holds above all EMAs, including the 200, indicating structural swing strength.

On the 30min chart, after forming a HH on 9/5 at $230.41, it consolidated in an ascending channel with a clean HL at $215. Healthy pullback dynamics, with no strong bearish pressure.

MTF MACD crossed upwards on both daily and intraday, although it starts to decelerate on the 30min.

💧 Volume and dynamics

Increasing volume since May 7, driving a rise of over $70. Bullish candles are accompanied by strong green bars, and subsequent corrections show low volume.

This confirms that there is no distribution yet, and the rally can continue as long as key levels are not broken.

🗺️ Liquidation Map (#Coinglass )

Large cluster of liquidations between $235 and $258. If it surpasses $230 with strength, the rise could accelerate due to the cascading effect.

Strong liquid support at $200 and $186. A technical reversal there would be healthy if there is a pullback. (so be aware of the risk)

🧬 Fundamentals and context

AAVE continues to be one of the most solid protocols in DeFi (TVL > $24B). Low circulating supply (15M AAVE), reasonable market cap ($3.3B), and an MC/TVL ratio of just 0.13.

There is no FUD or negative events, and in recovery cycles, it tends to lead strongly.

🟢 Suggested entry in futures (swing-trade)

📍 Entry: $219.50 (current)

🛑 SL: $197.50 (below structure + buffer)

🎯 TP1: $235

🎯 TP2: $258

🎯 TP3: $294

📊 R/B: 1.8 (TP2) | 3.2 (TP3)

⏳ TP3 if the breakout is activated

⛳ Recommendation: Valid swing entry with clear structure, solid fundamentals, and visible absorption. We would only invalidate if it falls below $197 with high volume.