aavepriceanalysis

$AAVE had a clear trend switch earlier and since then price has been trading inside a clean bullish structure. Right now we are sitting just behind the EMAs, which is the main area to watch in the short term.

If buyers manage to break and reclaim the EMAs, then we look for continuation of the bullish trend inside the current range. As long as price holds within these borders, the game plan stays the same. #AAVEPriceAnalysis

$AAVE caught our attention with current sell-side dominance, which might lead to a breakdown from the local neckline zone, which then again will lead the price towards the bearish CME gap (to fill it).

What we are looking here is a proper breakdown; after that, we want to see steep movement to lower zones and then a proper MSB to form (which would give us a buy entry) #AAVEPriceAnalysis

$AAVE had a solid reaction from the lower support area, where buyers stepped back in and held control. As long as this zone holds, we’re looking at two potential trades — first being the short-term move toward EMAs, and second, a larger continuation setup once a proper market structure break forms.

Both setups depend on buyers keeping momentum here, so we’ll stick to the plan and watch how price reacts around the EMAs next. #AAVEPriceAnalysis