$AAVE Holds the Line — Breakout Retest Sets Sights on $80
Entry: 73.50 - 74.30 🎯
Target: 76.00 / 77.80 / 80.00 🚀
Stop Loss: 71.80 ⚠️
The structure here is textbook. Following that strong impulsive leg up, $AAVE is now printing a series of higher lows on the 1H timeframe, resting comfortably above a key support zone. This isn't a reversal; it looks like a healthy consolidation phase absorbing sell-side pressure.
Price is currently respecting the retracement area, suggesting buyers are stepping in to defend the breakout level. Holding above this zone keeps the probability skewed toward a continuation. The path of least resistance points toward reclaiming the recent highs, with a clear runway toward the $80 handle if momentum picks up.
Not financial advice. Manage your risk.