- AAVE holds a strong rising line where five touch points shape a clean pattern that shows firm buyer support at the 0.5 fib area.
- The chart presents a wide range where each dip reached the same trend line and formed a swift recovery that shaped the larger move.
- AAVE now trades near the lower zone with a curve drawn upward which shows the expected path if the structure remains steady.
AAVE trades near $188, as the chart shows a firm bullish structure supported by the 0.5 fib level and a long ascending trend line that has held steady through five major retests.
AAVE Holds Structure at Key Fib and Trend Line Confluence
The chart shows AAVE moving through a multiyear structure where price repeatedly returns to the same rising trend line. This trend line begins near the early 2023 period and extends into 2026. Five clean touch points appear on the line, with each one followed by a recovery move.
AAVE now trades at the fifth touch, which forms near the 0.5 Fib level drawn from the long decline that began near the early 2021 peak. The 0.5 fib sits close to the green zone on the chart. This area acted as support during earlier swings and now forms part of the new bounce region.
The weekly candle sits above the rising trend line after a sharp dip that briefly broke below before recovering. This pattern formed earlier in mid-2024, where a similar wick pierced the line and then moved higher in the next sessions. The chart repeats the same form in the current structure.
Long Term Trend Shows a Steady Rhythm Through Each Major Cycle
The long-term view shows AAVE moving between wide FIB bands while holding its ascending structure. The 0.786 Fib line marked a key region during late 2022 when AAVE was based for several months. After that base formed, the price climbed and reached the 0.382 fib during early 2024.
Multiple cycles show that each move began only after the price returned to the ascending line. The five arrows drawn on the chart show each moment when AAVE touched the line and then gained strength shortly after. The present arrow now marks the fifth event, which creates interest for traders who track repeating patterns.
The projection drawn on the right side shows a curve that rises into the $400 to $500 region. This curve may represent the possible path if the same structure continues. The projection also shows a brief dip before the rise, which suggests continued volatility inside the zone.
The Fib layout shows that key resistance remains near the 0.382 fib area around the mid zone of the chart. This area acted as resistance during earlier cycles. The chart places the projected move above that line, which shows the scale of the expected swing.
Market Watches Fifth Retest as AAVE Prepares for Next Move
AAVE stands at an important location where the ascending support line meets the 0.5 fib. Traders often track confluence zones because they form areas where multiple signals arrive at once. The present confluence matches the earlier behaviour seen in the previous four touches.
The long wick near the current candle shows that buyers stepped in quickly after the price dipped below the trend. This wick pattern formed in earlier cycles, which produced strong upward reactions. The chart now shows the same situation as the fifth arrow marks the retest.
As the path curves upward into mid-2026, the question forms for observers of long-term structure: Can AAVE turn its fifth trend line touch into the next major swing in the cycle?
The weekly placement shows AAVE resting above the green zone, which forms the lower support band. The move continues to respect the long-term uptrend line that shaped the entire structure since 2023. The ongoing pattern remains steady as long as the price holds the line.
