✅ FOMO WARNING – BE CAREFUL OF $AAVE PRICE TRAP!
🎯 Phenomenon: Increase from $255 → $266 (~4.31%)
📌 $AAVE just increased from $255 to $266 – at first glance it looks like “breaking the resistance, entering the bullish wave”, but behind it there are many signs of a bull trap. Don’t be “tricked” into placing an order when:
⭕️ If the volume does not spike higher than normal when AAVE increases to $262–266, it is a sign of a bull trap – a virtual increase without strong momentum.
⭕️ If it is increasing but close to a strong resistance zone (for example 266–270), it could be a "fomo trap" zone to dump stocks down to 240.
⚠️ Warning signs:
• Price is just thinking, but many people think it is a strong breakout → easy to FOMO buy.
• Low volume, cannot determine sustainability.
• High RSI, about to enter the overbought zone → easy to take profit.
• The funding rate is high, sharks often wipe out long when the market is tilted in one direction.
📉 Scenario if it is a bull trap: Bull trap
Price exceeds $260–266 → triggers long order
⛔️ Sweep position
Shove down to $245–240 to liquidate leverage
🧠 Advice:
• Don't FOMO! – The price "just broke" is not necessarily a real break.
• Wait for adjustment, enter strong support zone ($240–245) then consider long.
• Always set SL! – No order is certain, only good risk management.