Is AAVE About to Explode Above or Collapse? Key Levels to Watch

4 Jun

Yello Paradisers! Is #AAVE quietly prepping for a major breakout… or is this just another setup to wipe out the impatient bulls before the real move begins?

💎#AAVEUSDT is moving in a textbook ascending channel, respecting both trendline resistance and support beautifully. The structure is clean, but deceptive. While many may assume this is an easy path higher, seasoned traders know better — especially with what’s happening near the critical resistance zone.

💎The red resistance zone ($270–$280) that was previously a major support during the last cycle is now acting as heavy resistance again. #AAVEUSD is currently battling this zone after several failed attempts to break through. But the structure still leans bullish as long as we stay within the ascending channel.

💎Both the 50 & 200 EMA are now acting as dynamic support. This is key — if the price remains above these EMAs and the lower channel boundary, momentum favors the bulls. A decisive breakout above $280 could trigger a parabolic rally toward the $375–$410 range, a level where serious resistance and profit-taking are expected.

💎However… if bulls get lazy and we see a strong breakdown below the ascending channel, especially below $237, the setup gets shaky fast. A complete invalidation of the bullish case occurs if AAVE loses $209 — from there, expect a breakdown structure to unfold with a likely test of much lower levels and a possible retest of the $150 zone.

Trade smart, Paradisers. This setup will reward only the disciplined.

MyCryptoParadise
iFeel the success🌴

4 hari lalu

Dagangan aktif

Nailed it again - #AAVE is up 35%, right on cue!