🚨 AAVE has been stagnant for a long time? As long as the volume decreases, the main force dares to push the price up to $180!
😴 Are you getting sleepy holding AAVE?
Watching the altcoins next door flying around, while AAVE in your hands is grinding around $180 like a 'stablecoin', aren't you tempted to switch?
Don't do it! This is exactly what the main force wants to see. They are deliberately grinding away your patience, so that you will hand over your blood-stained chips on the eve of the surge!
👀 Understand the main force's conspiracy in three seconds:
1️⃣ After the fake drop, the truth will be revealed:
The previous fake breakout (UT) at $237 indeed trapped a lot of people, but pay attention to the current pullback:
Although the price has fallen back to $180, the trading volume (red bars) is getting shorter and shorter. What does this mean? It means that those who wanted to sell have already cut their losses and run, and all that's left are stubborn retail investors; the main force can’t push it down anymore!
2️⃣ The bottom is rising, and the bulls are gathering strength:
The lowest point has changed from the initial $145 to around $180 now.
This is a typical 'bottom rising'! The main force has built a new defensive position around $180, which is recognized as their 'value area'.
3️⃣ Box oscillation, the lower it drops, the more attractive it becomes:
If you pull the chart back, it’s currently playing in a big box. $210 is the ceiling, and $180 is the floor.
If you don’t buy at the floor, are you going to chase at the ceiling?
⚡️ What should you do now?
🟢 Ambush Party (high risk-reward ratio):
The current price around $180.6 is the entry point!
This is the lower-middle part of the box and also the position where the main force is protecting the price. The cost-performance ratio is extremely high!
Target: First look for a return to the upper edge of the box at $210 - $220
🛑 Defense line (safety belt):
Set a stop-loss at $165.
If it falls below here, it indicates the box has leaked, and the main force may give up protecting the price, then we must run. But as long as it doesn’t break, $180 is a money-making opportunity.
🚫 Don’t short:
Shorting during this period of low volume grinding is risky; once the main force has eaten enough of the inventory and slightly pushes up with a bullish candle, the short positions will be blown up instantly.
In summary: The current calm of AAVE is a precursor to a storm. The main force is secretly accumulating at $180; don’t fall before dawn!
