What if this breakout is not over yet and AAVE is just catching its breath before the next move



$AAVE ‌ is pausing after a strong breakout
Trade Setup: Wait for retest buy

AAVE made a strong rally from the $65 support zone all the way up to $77.70, giving more than 15% gains in a solid bullish move. After such a fast push, the market is now cooling down as traders lock in profits near resistance.

Current Price: $75.57
Key Support: $73.50 to $72.00
Resistance: $77.70

This pullback does not break the bullish structure. A retest of lower support levels could actually make the trend stronger and give a healthier base for the next move up.

As long as AAVE holds above the $72 area, buyers stay in control. If the retest holds well, another push toward new highs can happen in the coming sessions. Overall trend is still bullish, but short term consolidation.

#ElonMuskSpaceX2Trillion #MiCATransitionEndsGateRemainsCompliant
AAVE-3.09%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned