AAVE Recap | CPI move fully unwound, around 91 is the key watershed

Today, AAVE is quoted at 91.16, back to the breakout level from early last week.

Let’s go through this week’s price action in full:

【This Week’s AAVE Complete Recap】

July 12: Price hovered at 95-98, clear resistance at 100/102

July 13: Tested downward; short-sell target 96/95 hit

July 14 (CPI at night): Data came in below expectations; AAVE surged from the 90 area to 103, gaining about 15%

July 14 (late night): The 103 area met resistance again; the double-top pattern was confirmed

July 15: Pulled back to 94/96; long entries; small profit

July 16-17: Continued pullback, falling back to around 91

Conclusion: The CPI move was completely given back, back to the starting point.

【Key Technical Levels】

🔴 Major resistance zone: 100 – 103

→ Both times it was rejected here; a breakthrough is unlikely in the near term

🔴 Secondary resistance: 95 – 97

→ The first hurdle for any rebound; watch whether it can break through

📍 Current price: 91.16

→ The 4-hour SuperTrend red line is suppressing price; the trend is still downward

🟢 Key support zone: 89 – 92

→ This is the watershed between bulls and bears; holding it is crucial

🟢 Hard-bottom support: 86 – 88

→ If 89 breaks, the next line of defense is here

【Trading Playbook】

Bulls: If a bottoming signal appears around 91 (long lower wick + declining volume), consider a small position. Stop loss below 89; first target at 95.

Bears: The 4H trend has not flipped; if 89 breaks, shorts accelerate.

Core logic: 100-103 has formed a double top; the CPI impulse is over.

The most important question next is whether 89 can be held.

This is the lower edge of the support zone, but the trend hasn’t changed—don’t go in with heavy size.

(Personal views only, not investment advice)

‍#AAVE #加密货币 #行情分析 #Technical Analysis