Crypto
AAVE Coils Tight: Which Direction Will Breakout Come?
AAVE is coiling, trapped in a textbook compression between $128.67 support and $133.90 resistance as momentum goes completely flat.
The MACD histogram just printed zero, which suggests that a resolution is coming fast.
Open interest jumped 5.59% in the last 24 hours while price actually dropped 2.88%, indicating that someone is loading up ahead of a move.
The question isn't whether AAVE moves, it's which direction gets the trapdoor pulled first.