Technical analysis by VIPROSE about Symbol AAVE: Buy recommendation (5/24/2025)

🔍 Technical OverviewPattern: Falling wedge (a bullish reversal formation).Breakout: Clearly confirmed with strong bullish candles.Support zone: Retested successfully around $160–$180 before continuation.Current Price: ~$266.50Weekly Gain: +14.81%🎯 Upside TargetsTarget 1: $373.63 — First major resistance zone.Target 2: $505.35 — Long-term bullish target if momentum sustains.📊 InterpretationAAVE has completed a reversal structure and broken out with volume, suggesting strong bullish continuation.Consolidation above $240–$250 will strengthen the move toward the next targets.Failure to hold above $230 could signal a pullback retest before continuation.✅ SummaryAAVE has shown a strong breakout from a long-term falling wedge, backed by volume and bullish structure. If market sentiment holds, the next targets are $373.63 and $505.35.