AAVE / TetherUS
Long

AAVE Is on the Edge – Breakout Incoming or Another Drop?

193
Yello Paradisers, is AAVE about to deliver a clean breakout... or is this just another trap to wipe out early bulls?

💎Currently, AAVE is tightly compressed within a falling wedge formation, right above a major support zone between $142 and $147. While this is typically a bullish pattern, nothing is confirmed yet. The MACD is showing bullish divergence, which is often an early sign of a shift in trend, but without a proper breakout above descending resistance, this setup remains incomplete.

💎We’re watching for a clean break and 4H candle confirmation above the wedge. Only then would we consider this a high-probability long setup targeting the $175–$180 resistance zone. Until that breakout happens, entering early would be gambling, not trading. This area has trapped many impatient buyers before.

💎On the other hand, if the price fails to hold above $140 and breaks below the structure, the bullish setup becomes invalidated. In that case, the next area of interest sits around $135, where further downside acceleration could occur.

Patience is key now. This is a moment where discipline will separate the pros from the crowd.

MyCryptoParadise
iFeel the success🌴

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