Yello, Paradisers! Are you ready to catch the next big mover before the herd wakes up? #AAVE is now setting the stage for a potentially explosive move, and this retest might be the last stop before liftoff!
💎After forming the low of the inverse head and shoulders, AAVE has been riding an ascending channel, a structure that usually supports sustained bullish trends. Recently, price broke through the neckline of that pattern and is now retesting it, offering us a textbook technical setup.
💎#AAVEUSDT has been holding the neckline supports strongly at $275 to $265 levels. This is the critical area to watch. If bulls successfully defend this zone, we could see price push back up toward $310, which aligns with the midline of the ascending channel and represents the first resistance.
💎If momentum carries through and that level is cleared, AAVE has open skies toward the $370–$400 range. That’s the 52-week high zone, and it coincides with the top of the channel, making it a magnet for price if bullish momentum continues.
💎Adding to the bullish momentum, the EMA-50 and EMA-200 have just formed a golden cross. This alignment often leads to sustained upward moves, especially when backed by a strong structure like the ascending channel we're in now.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
💎After forming the low of the inverse head and shoulders, AAVE has been riding an ascending channel, a structure that usually supports sustained bullish trends. Recently, price broke through the neckline of that pattern and is now retesting it, offering us a textbook technical setup.
💎#AAVEUSDT has been holding the neckline supports strongly at $275 to $265 levels. This is the critical area to watch. If bulls successfully defend this zone, we could see price push back up toward $310, which aligns with the midline of the ascending channel and represents the first resistance.
💎If momentum carries through and that level is cleared, AAVE has open skies toward the $370–$400 range. That’s the 52-week high zone, and it coincides with the top of the channel, making it a magnet for price if bullish momentum continues.
💎Adding to the bullish momentum, the EMA-50 and EMA-200 have just formed a golden cross. This alignment often leads to sustained upward moves, especially when backed by a strong structure like the ascending channel we're in now.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.