AAVE has finally broken through the downward wedge resistance. From the daily chart, this breakout is very clear, and the $200 target is not far away.
However, before a genuine rebound unfolds, there may be one more liquidity hunt. The $160 region is very likely to become the final accumulation point, followed by a stronger upward trend.
Of course, if the market continues to move... it will depend on the subsequent performance. The technical signals have already been given, and the key is whether the trading volume can keep up.
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NFTregretter
· 5h ago
Once it breaks through 160, it's time to go in, but don't get hammered so hard that your hands go numb.
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SwapWhisperer
· 5h ago
I can only believe it if you hit 160 again; I've heard this whole "accumulating funds" story too many times...
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4am_degen
· 5h ago
This point at 160 is really spooky; every time I hit this level, I get a boost to go higher.
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EntryPositionAnalyst
· 5h ago
It's true that 160 is prone to being manipulated; you need to be cautious.
AAVE has finally broken through the downward wedge resistance. From the daily chart, this breakout is very clear, and the $200 target is not far away.
However, before a genuine rebound unfolds, there may be one more liquidity hunt. The $160 region is very likely to become the final accumulation point, followed by a stronger upward trend.
Of course, if the market continues to move... it will depend on the subsequent performance. The technical signals have already been given, and the key is whether the trading volume can keep up.