AAVE / TetherUS
Panjang

The chart of AAVE/USDT (weekly timeframe) shows a breakout from

350


๐Ÿ” Technical Overview
Pattern: Falling wedge (a bullish reversal formation).

Breakout: Clearly confirmed with strong bullish candles.

Support zone: Retested successfully around $160โ€“$180 before continuation.

Current Price: ~$266.50

Weekly Gain: +14.81%

๐ŸŽฏ Upside Targets
Target 1: $373.63 โ€” First major resistance zone.

Target 2: $505.35 โ€” Long-term bullish target if momentum sustains.

๐Ÿ“Š Interpretation
AAVE has completed a reversal structure and broken out with volume, suggesting strong bullish continuation.

Consolidation above $240โ€“$250 will strengthen the move toward the next targets.

Failure to hold above $230 could signal a pullback retest before continuation.

โœ… Summary
AAVE has shown a strong breakout from a long-term falling wedge, backed by volume and bullish structure. If market sentiment holds, the next targets are $373.63 and $505.35.

Penafian

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