AAVE’s chart just lit up with a rare indicator flip that, in the past, has been the prelude to jaw-dropping rallies. Market analyst Ali dropped the update on X, pointing out that the weekly SuperTrend just turned bullish — something that’s only happened twice before in AAVE’s history. Both times, the aftermath wasn’t just bullish… it was explosive.
Back in late 2020, this same signal flashed when AAVE was hanging out near $60. Within months, it rocketed to about $580, handing early birds an 867% gain. The next occurrence came in late 2023, with AAVE sitting between $65 and $70. That run peaked at around $450 — a solid 551% move. In both cases, the setup appeared after weeks of quiet sideways drifting, followed by a clean break above the SuperTrend line. Once momentum kicked in, there was no slowing down.
August 2025 Setup — Support and Resistance in Play
Fast forward to now: August 2025. The SuperTrend flips bullish again, this time in the $205–$210 range, and traders are eyeing that zone as crucial support. If price dips, the next big safety net is between $170 and $180 — the last strong consolidation area.
On the flip side, there are hurdles ahead. Resistance zones to watch sit at $320–$330, $360–$380, and the big one at $450 — the high from the previous cycle. If AAVE pulls a repeat of history, a 551% climb from here points toward $1,335, while a full 867% moonshot could put the token near $1,985.
Technical Picture Suggests a Breakout Is Brewing
The chart is telling a familiar story — AAVE has broken out of a long sideways channel, a move that often signals a trend shift. Price action is holding above key weekly moving averages, which gives bulls more reason to be confident.
Still, it’s not a free pass to the top. The $205 support has to hold, and overhead resistances need clearing before the bigger moves come into play. If the bullish structure stays intact, history suggests this could be the start of another monster rally… but crypto loves to test conviction before rewarding it.