🔥 $AAVE | From Breakdown to Breakout — V-Shaped Power Play in Motion 🔥
$AAVE has staged a textbook V-shaped rebound from the $213 lows, slicing through resistance levels with purpose. After cooling off from $271 with a clean pullback, the chart now flashes strong accumulation signals, hinting at a fresh bullish surge on the horizon.
📌 Trade Setup – Long Bias
Entry Zone: $261 – $264
Target 1: $273
Target 2: $285
Target 3: $298
Stop Loss: Below $253
📊 Technical Breakdown:
Volume exploded during the initial leg up — classic sign of breakout conviction.
Current consolidation phase remains tight and healthy, with buyers dominating 64% of the order book.
A confirmed move above $266 with volume could act as the ignition point for the next impulse wave.
🎯 Strategy Note: This is a momentum-based continuation setup — perfect for trend followers. Consider trailing your stop as price accelerates to maximize upside while protecting gains.
⏳ Watchlist Priority: High
📈 Momentum: Building
📣 Trigger Level: $266+