🔍 Technical Overview
Pattern: Falling wedge (a bullish reversal formation).
Breakout: Clearly confirmed with strong bullish candles.
Support zone: Retested successfully around $160–$180 before continuation.
Current Price: ~$266.50
Weekly Gain: +14.81%
🎯 Upside Targets
Target 1: $373.63 — First major resistance zone.
Target 2: $505.35 — Long-term bullish target if momentum sustains.
📊 Interpretation
AAVE has completed a reversal structure and broken out with volume, suggesting strong bullish continuation.
Consolidation above $240–$250 will strengthen the move toward the next targets.
Failure to hold above $230 could signal a pullback retest before continuation.
✅ Summary
AAVE has shown a strong breakout from a long-term falling wedge, backed by volume and bullish structure. If market sentiment holds, the next targets are $373.63 and $505.35.