This chart shows a classic "Cup and Handle" pattern for $AAVE /USDT, which is typically a bullish sign. After a long downtrend, the market has formed a rounded bottom "cup" and is now completing the "handle," breaking through the support zone.
The price is consolidating just above the support zone, and if this bullish momentum continues, we could expect a sharp rise toward the resistance zone near $425. A breakout from the handle could indicate the beginning of a strong upward move. Keep an eye on price action to see if it continues to break higher!