#AAVE Daily EMA moving averages have shown a bullish arrangement, which is one of the early signals of a transition from consolidation to trend.
If the trend is confirmed subsequently, the first target is set at 364, and the second target at 435.
However, I want to remind you that the transition from consolidation → trend → trend confirmation is a slow and arduous process.
The strong unilateral rise in 2024 saw a consolidation period exceeding 100 days before truly taking off, during which there were also two instances of more than 20% deep pullbacks.
So, despite having clear target levels now, my assessment of AAVE remains that it is in a strong consolidation phase rather than a confirmed trend.
In terms of operations, I will continue to take profits at key resistance levels and adjust stop-loss lines accordingly, rather than betting on an immediate market move.