$AAVE — the impulse needs a correction
The bullish pattern for $AAVE is based on the sequence “upward impulse — ABC correction — continuation.” After the first wave ends, it makes sense to watch how the market redistributes positions during the pullback.
If the decline remains corrective and the levels already crossed hold, this provides a basis for the next rise toward the higher resistance levels.
If support is lost and selling accelerates, the previous scenario will need to be reassessed. A strong chart does not have to rise without pauses: the quality of the reaction to a correction often provides more information than the first wave itself.
The bullish pattern for $AAVE is based on the sequence “upward impulse — ABC correction — continuation.” After the first wave ends, it makes sense to watch how the market redistributes positions during the pullback.
If the decline remains corrective and the levels already crossed hold, this provides a basis for the next rise toward the higher resistance levels.
If support is lost and selling accelerates, the previous scenario will need to be reassessed. A strong chart does not have to rise without pauses: the quality of the reaction to a correction often provides more information than the first wave itself.