Aave looks poised for a significant move. After a prolonged consolidation phase, the price has managed to break above a critical trendline resistance. This technical development suggests the setup is now in place for a potential rally in the coming days. With the confluence of the breakout and the trendline confirmation, traders are eyeing this level as a potential catalyst for upside momentum.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
shadowy_supercoder
· 01-17 22:31
Broke the support? Alright, just watch. Anyway, everyone calls a breakdown when it drops.
View OriginalReply0
SlowLearnerWang
· 01-17 22:27
Oh no, it broke below support. When I saw it yesterday, it was still consolidating. Now you're telling me it's going to rise? Too late now.
View OriginalReply0
not_your_keys
· 01-14 23:01
Breakthrough? Finally, I said it should have come long ago.
View OriginalReply0
PriceOracleFairy
· 01-14 23:01
ngl this trendline break feels like the market finally decided to stop gaslighting us... but also every time i see "confluence" i get flashbacks to 2022 when confluence meant "rugpull incoming" lol
Reply0
LiquidityWizard
· 01-14 22:58
Hey, AAVE is getting restless again. Will it really break out this time or is it just a false alarm?
View OriginalReply0
OptionWhisperer
· 01-14 22:42
Finally broke through, is this wave going to take off?
View OriginalReply0
TrustlessMaximalist
· 01-14 22:39
Broken through? Then let's see if it can really push up, with so many pitfalls in the news.
Aave looks poised for a significant move. After a prolonged consolidation phase, the price has managed to break above a critical trendline resistance. This technical development suggests the setup is now in place for a potential rally in the coming days. With the confluence of the breakout and the trendline confirmation, traders are eyeing this level as a potential catalyst for upside momentum.