AAVE: Retraces Post-Breakout for Scaling Entry

AAVE is retracing after its initial breakout, creating a clean scaling opportunity according to Michaël van de Poppe. The token must hold above $76 to keep the path open toward $100, otherwise it risks retesting recent lows.

Price sits at $84.87 on the 4h chart, pressing against the EMA50 at $85.73 while the EMA200 at $81.0 acts as deeper structural support. The MACD death cross at -0.92 confirms bearish momentum, yet RSI at 41.45 remains neutral and price trades inside the Bollinger Bands between $82.14 and $94.96. This confluence points to a likely probe of the lower band before any sustained push higher, aligning with the AAVE price prediction that favors accumulation above $76.