AAVE Eyes $460 Breakout: Bullish Continuation in Sight?
AAVE’s impressive 420% surge from April lows has pushed it toward a critical resistance zone at $400. While price action consolidates, the technicals hint at a potential breakout.
The token remains firmly above both the 50-week and 25-week moving averages, confirming bullish momentum. Price is currently testing the Murrey Math Lines pivot level at $375. A decisive close above this area could trigger a move to the key resistance at $460—its October 2021 swing high.
On higher timeframes, AAVE’s structure aligns with a classic bullish flag setup, a strong continuation pattern. If bulls reclaim $460, momentum could accelerate toward $667, the all-time high, signaling an 80% upside from current levels.
However, failure to hold above $250—a major support and resistance zone—could invalidate the bullish bias. With active addresses rising and institutional interest growing, the technicals favor further upside.
AAVE’s breakout seems imminent; the question is: can the bulls take control?