$AAVE Falling Wedge Breakout Setup
AAVE is trading near $107.99, testing the lower boundary of a falling wedge on the 1H timeframe after an extended downtrend.
A confirmed breakout above wedge resistance could signal a potential trend reversal and open the way toward $160.
Key Levels:
- $115–$120 — Major resistance
- $160 — Potential upside target
A strong breakout supported by increasing volume is essential to confirm bullish momentum. The setup remains speculative, so proper risk management is crucial.
#WhoWillSucceedJensenHuangatNvidia?
$AAVE
AAVE is trading near $107.99, testing the lower boundary of a falling wedge on the 1H timeframe after an extended downtrend.
A confirmed breakout above wedge resistance could signal a potential trend reversal and open the way toward $160.
Key Levels:
- $115–$120 — Major resistance
- $160 — Potential upside target
A strong breakout supported by increasing volume is essential to confirm bullish momentum. The setup remains speculative, so proper risk management is crucial.
#WhoWillSucceedJensenHuangatNvidia?
$AAVE
