$AAVE /USDT – Macro Breakout
AAVE is flashing a textbook market cycle transition on the weekly chart — and it looks ready to launch. Here's the breakdown:
🟩 Phase 1: Bull Run
AAVE’s explosive rally to $600+ was classic higher highs and higher lows.
🟥 Phase 2: Brutal Bear Market
Followed by a steady breakdown of structure – lower highs and lower lows.
🟦 Phase 3: Accumulation Zone
Long sideways grind between $50 and $100 — smart money was quietly accumulating.
🟧 Phase 4: Disbelief Rally
The breakout above range resistance confirms a higher high, and now we’re forming a higher low at a key level (range low retest). Perfect setup for Phase 5.
🟩 Phase 5: New Bull Phase Incoming?
Structure is shifting bullish. A confirmed higher low here could send AAVE soaring toward $360, $480, and possibly retesting the $600 range high.
This is the kind of setup long-term traders wait years for.
📈 Macro Target Zone:
$360, $480, $600
⚠️ Key Support: $160 – $180
🔄 Holding above this zone = bullish continuation likely.
Don't fade the disbelief rally. AAVE could be gearing up for its next major leg.