AAVE Breakout Signals $800–$1,000 Rally as TVL Pass $70B
AAVE breakout for monthly chart don confirm four-year cup-and-handle pattern, e close well pass $360–$380 neckline. The AAVE breakout sabi technical momentum match with on-chain power: total value locked (TVL) don climb reach $70.1 billion, 130% year-over-year increase, plus protocol treasury dey for all-time high. Technical indicators dey predict make e move steady go $800–$1,000, short-term support dey $315–$320 and resistance zones dey between $400 and $520. Traders suppose set stop-loss below $315, dey buy small-small when e pull back to $320–$360, and take small profit for key resistance levels. Make volume steady and TVL continue grow na the main things to confirm the rally.
Bullish
Di confirmed AAVE breakout combine classic cup-and-handle pattern wit strong on-chain fundamentals, dis one create beta bullish setup. Historically, similar breakouts—like di 2021 reversal from $45 to $660—bin lead steady upward rallies. Wit TVL pass $70 billion and protocol treasury levels dey at all-time highs, demand and capital reserves support more upside. Di technical measured move targets $800–$1,000 align wit past measured gains after multi-year bases in DeFi tokens. Short term, if e clear $400–$520 resistance zones, e fit trigger increased buying momentum. Long term, if volume and TVL growth continue, di protocol fit extend gains to higher targets. Traders suppose monitor volume confirmation and maintain disciplined risk management, but overall signal dey point to bullish market behavior for AAVE.