$AAVE Analysis – Testing Resistance, Trendline Still Intact

$AAVE continues to respect the trendline that’s been holding strong since mid-2024, creating a solid base of support for the current structure.

The price recently tested the immediate resistance at 192, and is now hovering just below it.

A clean breakout above from this falling wedge pattern could open the door for higher moves toward these key take-profit levels:

TP1: 220

TP2: 231

TP3: 271

The downtrend is still technically active, but with the trendline holding and oscillators flipping bullish and the falling wedge pattern suggest, we could be looking at a shift in momentum soon.

I'm aiming for a retest of the support trendline to take entry.