$AAVE Massive Cup & Handle Formation โ DeFi Powerhouse Primed for Breakout ๐๐ช
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 โ volume drying up, confirming accumulations phase.
Up 13% today on bullish reversal confirmation, testing the $200 neckline.
Bullish setup fully loaded:
โ Textbook cup & handle with measured move to $500+
โ Neckline resistance at $200โ$210 with prior bounces
โ RSI breaking 50 with strong bullish momentum
โ MACD crossover positive on weekly, histogram expanding
Targets on breakout:
โ $300โ$350 short-term (Fib 1.618 extension)
โ $450โ$500 mid-2026 (measured cup height)
โ $800โ$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.
