🚀 $AAVE is showing a potential technical setup!

The weekly chart displays a strong recovery off the recent macro lows with an impulsive bounce building toward higher resistance levels.

📈 The Technical Setup:
‱ The Pattern: Macro Reversal / Fib Extension Recovery Structure
‱ Short-term Target: 204.69 USDT
‱ Macro Objective: 241.76 USDT
‱ Market Structure: Reversal / Accumulation Recovery

🎯 Key Levels to Watch:
‱ Support / Accumulation Zone: 140.00 - 150.00 USDT
‱ Resistance: 180.00 - 204.69 USDT
‱ Breakout Level: 168.03 USDT
‱ Stop Loss / Invalidation: 135.00 USDT

📊 Confirmation:
‱ Volume: Neutral/standard volume building on recent weekly green candles
‱ Momentum: Strong bullish recovery momentum off the yearly lows
‱ Trend: Transitioning from a macro downtrend into an upward reversal structure

⚠ Invalidation:
A weekly candle close below the 135.00 USDT support zone would invalidate the current bullish reversal setup.

Patience is advised while price tests key local resistance levels to confirm structural continuation.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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