The AAVE daily EMA moving averages have shown a bullish arrangement, which is one of the early signals of transitioning from a consolidation phase to a trend.

If the trend is confirmed in the future, the first target is set at 364, and the second target is at 435.

However, I would like to remind you of one point: the process of moving from consolidation to trend to trend confirmation is slow and arduous.

The strong unilateral rise in 2024 had a consolidation period of over 100 days before truly taking off, during which there were two pullbacks exceeding 20%.

So even though there are already clear target levels, my assessment of AAVE remains that it is in a strong consolidation phase rather than a confirmed trend.

In terms of operation, I will continue to take profits at key resistance levels and adjust the stop-loss line upwards, rather than betting on the market moving all at once.