$AAVE 3W: Textbook 4-Year Cup & Handle â Breakout from $190+ Loading đđĄïžđ„
Aave is carving out one of the most pristine macro patterns in DeFi: a multi-year Cup & Handle formation after a 90%+ drawdown from 2021 highs. The handle is compressing perfectly at ~$191.56, right on the rising 200-week MA, with a bullish weekly close confirming accumulation.
Bullish setup primed:
â Classic rounded bottom complete (2021â2025)
â Handle higher lows + volume contraction = textbook breakout prep
â RSI coiling at 55 (same level before 2021 explosion)
â MACD monthly lines converging bullish
â GHO stablecoin + RWA lending narrative exploding
Targets on neckline break (~$450â$500):
â $650â$750 (measured move + 2021 ATH)
â $1,200â$1,500 mid-2026
â $2,500+ full DeFi cycle top
Bear case: Monthly close under $140 invalidates.
Until then, this is an elite-level setup for Aave dominance.