Summary: AAVE flashes ‘supertrend’ signal – KEY levels to watch next…

AAVE Flashes Bullish Signals: Is a Parabolic Surge Imminent? Aave (AAVE) is currently flashing a potent combination of bullish indicators, suggesting significant upside potential. A weekly 'supertrend' buy signal, historically preceding rallies of 870% and 400%, has just appeared, positioning AAVE for another substantial surge. This key indicator emerges as AAVE confirms a classic 'cup and handle' pattern, breaking out above its $308 neckline and steadily approaching the next resistance. The technical strength is further bolstered by a 3.79% drop in AAVE's exchange reserves. This reduction in available supply on centralized exchanges often signals decreasing sell-side pressure and growing investor confidence, reinforcing the bullish narrative. However, caution is advised as the 90-day Spot Taker CVD shows persistent "Taker Sell Dominant" activity, indicating ongoing skepticism from short-term traders. Buyers must overcome this selling pressure to sustain momentum. Key liquidation clusters stacked between $330 and $345 also present immediate resistance. Should AAVE decisively clear these levels, it could trigger a cascade of short liquidations, propelling the price rapidly toward $360 or higher. In essence, while AAVE's technical setup is overwhelmingly bullish with strong accumulation signs, navigating current sell-side forces and key resistance zones will be crucial for confirming its next explosive rally.