AAVE — Breakout 🚀
AAVE has been on my radar for weeks, and it’s not hard to see why:
1️⃣ Strong Performance: Outperformed many altcoins over the past few months.
2️⃣ Solid Business Model: AAVE’s fundamentals remain robust.
3️⃣ Rapid Recovery: Bounced back quickly after the recent crash, now up over 70% from its bottom.
But here’s the big news: AAVE just broke through the crucial $120 resistance.
Aside from a brief attempt in March, AAVE hasn’t traded above this level since May 2022. (!!!)
What’s Next?
In my view, AAVE could be one of the strongest players in Q3 and Q4. If it can confirm this breakout and push past $145, we might see AAVE heading towards $200+.
Of course, as always, this depends on Bitcoin’s performance.
