💰 AAVE just broke $100 — and most traders missed it
DeFi OG hitting new milestones while the market was busy chasing memes. AAVE up +5% today, +11.3% this week. The $100 psychological level is now support, not resistance.
📊 The Picture:
Price is trading above ALL major moving averages — SMA7, SMA25, and SMA99 on the daily. Thats what a strong uptrend looks like. RSI at 56 daily, 51 on 4H — momentum building but not exhausted. MACD bullish on both timeframes with expanding histograms.
💡 Why This Trade?
• DeFi TVL growing — AAVE as the lending king benefits directly
• Protocol upgrades providing fundamental catalysts
• Whale net inflow positive — big money accumulating
• Break above $100 is technically significant — opens path to $115
• 80% confidence score with 1.3R risk/reward
🎯 Trade Plan:
• Entry: $97 - $101 (buy the retest of $100 breakout)
• Stop Loss: $92 (below SMA25 daily — structure break)
• TP1: $108 (+7% — next resistance zone)
• TP2: $115 (+14% — measured move target)
The reason for the wide stop: AAVE daily ATR is ~$2.4, so we need room to breathe. This is a swing trade, not a scalp.
⚠️ Disclaimer: This is not financial advice. Always DYOR and manage your risk.
AAVE or UNI — which DeFi blue chip are you betting on? Let me know 👇
#AAVE #DeFi #CryptoTrading #Altcoins
DeFi OG hitting new milestones while the market was busy chasing memes. AAVE up +5% today, +11.3% this week. The $100 psychological level is now support, not resistance.
📊 The Picture:
Price is trading above ALL major moving averages — SMA7, SMA25, and SMA99 on the daily. Thats what a strong uptrend looks like. RSI at 56 daily, 51 on 4H — momentum building but not exhausted. MACD bullish on both timeframes with expanding histograms.
💡 Why This Trade?
• DeFi TVL growing — AAVE as the lending king benefits directly
• Protocol upgrades providing fundamental catalysts
• Whale net inflow positive — big money accumulating
• Break above $100 is technically significant — opens path to $115
• 80% confidence score with 1.3R risk/reward
🎯 Trade Plan:
• Entry: $97 - $101 (buy the retest of $100 breakout)
• Stop Loss: $92 (below SMA25 daily — structure break)
• TP1: $108 (+7% — next resistance zone)
• TP2: $115 (+14% — measured move target)
The reason for the wide stop: AAVE daily ATR is ~$2.4, so we need room to breathe. This is a swing trade, not a scalp.
⚠️ Disclaimer: This is not financial advice. Always DYOR and manage your risk.
AAVE or UNI — which DeFi blue chip are you betting on? Let me know 👇
#AAVE #DeFi #CryptoTrading #Altcoins