🚀 $AAVE is trading within a falling wedge on the 4H chart, a pattern that often signals a bullish reversal is on the horizon!
🔸 AAVE has been in a steady downtrend, with price making lower highs & lower lows inside this wedge.
🔸 The price is testing key support near 170, a potential bounce zone!
🔸 Historically, falling wedges break bullish—a confirmed breakout could send AAVE higher.
📊 Potential Scenarios:
📈 Bullish Breakout - A breakout above 180-190 could trigger a rally towards 220 - 250 in the short term.
Watch for high volume confirmation before entering.
📉 Bearish Breakdown - If AAVE loses 170 support, it could revisit lower levels around 160-150 before another attempt.
#AAVE is at a critical turning point—if buyers step in, this falling wedge could lead to a strong trend reversal.