AAVE Price Enters Bull Mode After Market Shift – Could This Be the Start of a Legendary Run?
Aave officially overturned optimistic and it is starting to attract market attention. After treating months of downward pressure, the Aave price finally broke out of its lower structure. He rebounded in a key monthly area and moved the momentum to the Bulls. Now, with higher targets in sight, traders look to see how far this decision can go.
To date, the momentum picks up. Aave has increased by almost 12% and is negotiated about $ 176.67. The volume has also jumped almost 28%, which suggests that more traders jump and closely look at the action.
Aave Market Shift confirmed after fair value reaction
The structure of the AAVE price market moved in mid-April after swept the liquidity of the sale and overthrew from the zone from $ 120 to $ 130, which aligns with a fair gap monthly. This change has marked the first upper summit since the start of the year, confirming a structural rupture of the previous decrease trend.
The daily graph shows that Aave has recovered the area from $ 145 to $ 160, an area defined as a daily FVG. This range now acts as a level of support. Technical merchants consider this confirmation of the optimistic intention, in particular if the price continues to keep above daily fences.
The analyst sets a price target at $ 241 and $ 350
The Cryptopatel Expert on the market on X has described a bullish trading plan based on the change in market structure. The entrance is placed at $ 168.50, with a stop-loss below the daily FVG at $ 129. The first target is $ 241.80, where a monthly lowering FVG could act as resistance. A prolonged movement around $ 350 is possible if the momentum is through.
The tweet notes that the Haussier bias remains valid as long as the price remains above the recovered FVG. Any drop below $ 129 would invalidate the structure and signal of weakness.
Aave Liquidity Sweep triggers new momentum
Before The current move, Aave Price has experienced liquidity scanning In March, it crossed the sales levels. This diagram often precedes reversals when they have encountered high purchase pressure. Since then, the volume has increased and higher stockings have been formed on the graph.
This change has led to an increasing interest on the part of Swing traders which aim to capture the full range to the imbalance areas. With Aave exchanging above the resistance and the previous volume which continue to climb, the configuration remains in play as long as the price structure supports the bullish case.
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