AAVE: local squeeze with $130 destinationAAVE / TetherUSBINANCE:AAVEUSDT3CommasThe Macro Picture 🗺️ AAVE has spent four months grinding through a structural reset from the January peak at $210, with bears defending every lower high along the way. Since February's capitulation, price has been carving out a wide range between the $87 macro floor and the $130 local high — a volatility playground where late longs and late shorts have been alternately cleared. The April liquidity sweep at $87 reset positioning into the deeper end of that range, and price has since compressed back toward the $100 decision zone with RSI reclaiming its midline from below. The Setup ⚙️ The Floor: The $87 macro floor held cleanly on the April flush, with the wick rejecting any sustained breakdown — a sign that over-leveraged shorts got their liquidity and the seller pressure into that pocket is now largely spent. The Trigger: The $100 decision zone is the structural pivot — a daily close back above this line opens the path of least resistance toward range highs, while failure here keeps price trapped in the lower half of the range. The Squeeze: The recent compression between $93 and $103 mirrors the late-April coil that preceded the spike to $125 — tightening ranges inside this structure tend to resolve with sharp expansion rather than slow drift. The Roadmap: Primary target sits at $130 — a clean reclaim of $100 unlocks the supply zone where the late-February and late-April rallies were rejected. Invalidation: a sustained 1D close below $87 would invalidate this bullish thesis and open a fresh leg toward $80 and the deeper macro structure below.