aaveprice

Wake up, you bunch of idiots, don’t let $AAVE blind everyone with that towering green candle today, and then rush to grab the falling knife. Look at that chart dancing like crazy—whoever says to enter based on news, just skip this article, because I only talk in terms of technical analysis.

The market is excited because $AAVE has surged up by nearly 20% in the past 24 hours, but don’t let this fever make you lose your mind. Look at the technical data—the setup has some very interesting signals:

🔹 15-minute timeframe: The current price at 95.88 is sitting above both the MA(20) at 94.57 and the EMA(9) at 95.71. This shows the buyers are controlling the short term, but the gap between price and the moving average is too thin, so a pullback to fill the gap is very likely.

🔹 1-hour timeframe: MA(20) is at 87.60 and EMA(9) is at 92.56. The longer-term trend is still strongly supported. Price running far above the 1-hour MA(20) suggests the current PUMP momentum is pretty hot, with risks of widespread profit-taking at any time.

My personal strategy right now is not to fomo and chase the green price. I’ll be patient and wait for a pullback entry for safety:

📌 Personal trading setup:

🎯 Position: LONG

🎯 Entry: Wait for a correction into the 92.50 - 93.00 zone (around the EMA 9 on the 1-hour timeframe).

🎯 TP (Take profit): Expect a retest of the old high or the 102.00 - 105.00 area.

🎯 SL (Stop loss): Absolutely set it below 89.00 to protect your capital if the trend reverses.

I’m only prioritizing buying the pullback instead of chasing the price right now. Guys, what do you think—will $AAVE continue to sweep through, or will it turn back to test the 90 level before flying higher?

Note: This is my personal perspective, not investment advice. Trading always comes with risk (DYOR).

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