🔥 $AAVE 🤷♀️has survived worse (Luna, FTX, 3AC).- didn't 👍BUY NOW 👀
DeFi just took a body blow with the Kelp DAO hack. AAVE saw
billions in outflows. Token dumped. Now we're stabilizing at $92.94.
ZonePriceSignificanceMajor Support$86.3524H low. Must hold for
bullish structure.Current Consolidation$92-$93Equilibrium. Range
midpoint.Immediate Resistance$95.6124H high. Break this →
momentum shift.Secondary Resistance$100Psychological + prior
support flipped resistance.
Bid Stack: $92.88 - $92.93 shows ~400 AAVE resting bids. Decent
absorption.
Ask Wall: $92.95 - $93.01 shows ~330 AAVE offered. Slightly thinner above.
The Kelp DAO exploit triggered billions in AAVE withdrawals. Bad debt concerns linger.
However:
Protocol itself was not exploited. This is counterparty risk, not smart contract failure.
Token is trading 80% below 2021 ATH.
Risk/Reward Thesis: If bad debt is contained, current levels discount worst-case. If contagion spreads, $80 retest is probable.
Hold $90 psychological level.
Clear $95.61 → momentum targets $100-$105 range.
:\
Rejection at $95.61.
Break below $86.35 → next support $80 (pre-pump base).
Volume Note: 24H vol is healthy at $246M. Liquidity is not an issue here — unlike micro-caps.
