$AAVE Massive Cup & Handle Formation ā DeFi Powerhouse Primed for Breakout ššŖ
Aave's 3W chart forms a classic 4-year cup & handle since 2021 ATH, with price now at ~$190 after rounding the cup bottom and consolidating in the handle ā volume drying up, confirming accumulations phase.
Up 13% today on bullish reversal confirmation, testing the $200 neckline.
Bullish setup fully loaded:
ā Textbook cup & handle with measured move to $500+
ā Neckline resistance at $200ā$210 with prior bounces
ā RSI breaking 50 with strong bullish momentum
ā MACD crossover positive on weekly, histogram expanding
Targets on breakout:
ā $300ā$350 short-term (Fib 1.618 extension)
ā $450ā$500 mid-2026 (measured cup height)
ā $800ā$1,000+ full cycle ATH smash (2027)
Bear case: Close under $150 invalidates and eyes $100 retest. Aave V3 upgrades + whale accumulation = DeFi altseason leader.


