AAVE Technical Analysis (1W)
🧱 1. Market Structure
Between mid‑2022 and late-2023, AAVE moved within a prolonged accumulation phase, typical of a cycle bottom with extended compression.
This phase allowed the price to build a solid base before launching a first bullish leg, which topped out at the range high in early 2024.
At that point, the price compressed again near the equilibrium (mean price zone) of the previous range before initiating a clear distribution phase (April → December 2024).
At the top, AAVE met strong resistance within a major supply zone, without printing a new ATH a healthy sign for mid-term market structure.
Price then started a controlled correction, retracing 100% of the OTE zone from the distribution move (from equilibrium to supply).
The bounce occurred right on a key breaker block, which had already reacted to the equilibrium level prior to the first impulse.
From that local bottom, momentum has resumed, suggesting that the second phase of the distribution cycle may be underway.
🧲 2. Key Reload Zone
AAVE has recently revisited its BULL OTE zone, aligning perfectly with :
- A precise POI (Point of Interest)
- The breaker block
🟢 This kind of clean reaction from a high-confluence reaccumulation zone supports the idea of a structurally sound bounce and the beginning of a new bullish push.
🎯 3. Technical Targets & Scenario
If this bounce holds, here are the next technical targets :
🔁 Reclaim the supply zone between $340–$460
🚀 If this area breaks with volume, the market could aim for new highs around $700–$1,100
Such a move would confirm a second bullish leg of the macro cycle, with higher breakout potential.
🧠 4. Behavioral Insight
The weekly RSI shows signs of recovery after a long compression, momentum is awakening.
The Accumulation → Expansion → OTE Retest → Continuation structure is textbook for the early stages of a major bull cycle.
👉 Price action around the $340–$460 supply zone will set the tone for what comes next.
✅ Conclusion
AAVE is currently displaying a clean, cyclical structure, ideal for swing traders and mid-term investors :
🔁 Accumulation → Expansion → Retest → Reaccumulation → 🚀
🧨 AAVE may be on the verge of kicking off a new explosive bull cycle.
