AAVE shows bullish inverse head & shoulder technical setup.
Over $24B TVL and robust revenue support fundamentals.
Break above ~$280 may trigger major upside.
AAVE’s price chart is showing a bullish inverse head and shoulder pattern—a classic indicator of a trend reversal. This setup features two higher lows (the shoulders) surrounding a deeper low (the head), with a resistance level known as the neckline around $280.
Traders are closely watching for a breakout above this neckline. If AAVE can close above $280 on strong volume, it would confirm the pattern and potentially kickstart a rally. Technical projections based on this setup suggest AAVE could surge to around $350, given the distance between the head and neckline.
Strong Fundamentals Back the Setup
AAVE isn’t just gaining attention due to its chart. It’s also backed by impressive fundamentals that strengthen the case for a breakout:
1. Largest DeFi Protocol on Ethereum
AAVE leads all DeFi platforms with over $24 billion in Total Value Locked (TVL), reflecting massive trust and adoption.
2. Revenue and Token Buybacks
The protocol generates over $80 million in annualized revenue, making it one of the most profitable in DeFi. This revenue fuels a token buyback mechanism where AAVE tokens are bought back weekly, reducing supply and potentially boosting price.
3. Governance and Sustainability
AAVE’s decentralized governance structure supports these initiatives, helping to align community interests and maintain long-term value growth.
$AAVE inverse head and shoulder pattern
Biggest DeFi protocol on Ethereum with $24B+ in TVL, $80M+ in annualized revenue and token buyback mechanism.
Once this breaks above $280, expect some fireworks. pic.twitter.com/A7qmroqQPg
— Ted (@TedPillows) July 2, 2025
What’s Next for AAVE?
Watch $280: A break and hold above $280 could signal the start of a major rally.
Potential Upside: If confirmed, the breakout could drive AAVE towards the $320–$350 range.
Caution on Pullbacks: If the breakout fails, AAVE may retest support zones near $250–$270.
With strong technical and fundamental signals aligning, AAVE looks ready for a potential move—provided it can break past the $280 resistance.
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