AAVE has ripped 6.75% to $145.45, stacking above every major moving average with smart money sitting 63% long — but a flattening MACD and a Bollinger Band squeeze against $150–$151 resistance could...
AAVE just posted one of its more aggressive single-session moves, clocking a 6.75% gain and printing $145.45 against a 24-hour range that bottomed near $134.93. That kind of range expansion on $22.4M in Binance spot volume isn't noise — it's intent. The price is now trading comfortably above its 7-, 20-, 50-, and 200-day simple moving averages, a clean bullish stack that hasn't been in place for most of this year. Every major trend filter is aligned. For traders watching DeFi blue chips, that alignment alone puts AAVE on the radar.
The macro backdrop for DeFi tokens continues to be driven by Bitcoin correlation and broader risk appetite across L1/DeFi sectors. When BTC holds its range and sentiment stays constructive, governance tokens like AAVE tend to punch disproportionately hard on breakout days — and today looks like exactly that kind of day. Readers tracking DeFi price action can follow live coverage at Blockchain.news.
Here's where it gets complicated. Despite the clean directional surge, momentum oscillators are flashing a yellow flag, not a green light. The MACD histogram has effectively flatlined at zero — the signal and MACD lines have converged, meaning the initial burst of buying energy that drove this move is already dissipating. Buyers got their rally; now they're hesitating.
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