AAVE PRICE enters the bull’s position after the market transformation – can this be the beginning of legendary operation?
AAVE has turned officially, and started to attract the attention of the market. After dealing with months of declining pressure, the AAVE price has finally erupted from its declining structure. She wore a major monthly area and turned the momentum towards the bulls. Now, with higher goals on the horizon, traders are monitored to know what extent this step can go.
As of today, the momentum picks up. AAVE increased approximately 12 % and traded about $ 176.67. The size also jumped by approximately 28 %, indicating that more traders jump and watch the event closely.
The AAVE market was confirmed after the reaction of the fair value gap
The AAVE price market structure turned in mid -April after it swept the liquidity of the sale aspect and sharply reversed from the area between 120 to 130 dollars, which corresponds to the monthly upright value gap. This transformation is the first higher level since the beginning of the year, confirming a structural break for the previous landfill.
The daily graph shows that AAVE has regained the area between 145 to 160 dollars, an area defined as FVG per day. This range now works as a support level. Technical traders consider this emphasis on the upcoming intention, especially if the price continues to adhere to the daily closure.
The analyst determines the AAVE price goal at $ 241 and $ 350
Cryptopatel market expert on X is a bullish commercial plan based on the transformation of the market structure. The input is placed at a price of $ 168.50, while stopping the daily FVG stop at $ 129. The first goal is 241.80 dollars, where the monthly FVG can serve as resistance. It is possible to move about $ 350 if the momentum continues.
A tweet notes that the bullish bias remains good as long as the price remains above the reclaimed FVG. Any decrease less than $ 129 will nullify the structure and poor signal.
AAVE Sweep Sparks new momentum
before The current step, the AAVE price has seen liquidity sweeping In March, she cleared the sales side levels. This pattern often precedes the repercussions when met with strong purchase pressure. Since then, the size has risen, and its lowest levels were formed on the graph.
This shift has increased the interest of traders who aim to pick up the full range towards defect areas. As the AAVE trading continues to be higher than the previous resistance and the size of the rise, the preparation in the play remains as long as the price structure supports the upper state.
Also read: Can Kaspa (KAS) lead the market to the market after a Crescendo upgrade?
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