AAVE / TetherUS
Long

The chart of AAVE/USDT (weekly timeframe) shows a breakout from

369


🔍 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.

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