Aave Could Soar in a Historic Bull Run

Several of the cryptocurrencies we’ve analyzed in recent weeks as potential buy opportunities have since experienced strong, impulsive growth.

While the overall market trend is clearly positive, only a few tokens are currently forming re-entry setups—offering traders who missed the original signal a chance to still participate. AAVE is one of those rare exceptions, and it’s worth a closer look.

Aave technical analysis

AAVEUSD - 4 Hour Time Frame

Our initial favorable entry point for AAVE was around $160, based on a weekly timeframe setup. Since then, the token has rallied approximately 60%, showing strong bullish momentum.

However, it’s important to note that the first Buy-Side Liquidity level has not yet been reached. Meanwhile, a new key support zone has formed on the four-hour timeframe.

Looking ahead, a likely scenario is that the blue support zone on the four-hour chart will either possibly remain intact or be potentially retested through a corrective dip to lower levels.

From a retail trading perspective, such a pullback—occurring just before a major previous high—might often be viewed as resistance. However, we emphasize that this interpretation is structurally flawed and unsustainable in the long term.

At BITmarkets, we apply a more precise and objective approach to identifying key zones, basing support and resistance on the exact highs and lows of specific candlesticks. This method offers a clearer understanding of whether the market is signaling bullish or bearish price action.

Aave price target

If the scenario described plays out, it could present another valid entry opportunity into AAVE. Traders may consider entering a buy position, placing a protective Stop Loss below the internal swing low.

For Take Profit, the targets remain unchanged. The position can be managed toward the Buy-Side Liquidity levels, offering clear opportunities for partial profit-taking and trend continuation.