AAVE’s Cup and Handle: Is a Breakout Brewing?

Take a look at this AAVE/USDT daily chart—it’s seriously giving off strong “cup and handle” vibes, and traders are loving it. If you’ve been watching this one, you’ll notice how it dropped hard earlier in the year, hit a bottom around May, and then slowly started climbing back up. That rounded recovery formed the classic “cup” shape, and now it looks like we’re completing the “handle” part of the pattern.

Right now, AAVE is testing that key resistance zone around $330, which it hasn’t been able to break since back in January. It had a small pullback recently—nothing too dramatic, just enough to shake out the weak hands and build up some strength. Now it's creeping back up, and if it breaks above $330 with strong volume, we could be looking at a solid push toward $360 or even $380.

But let’s not get ahead of ourselves—if it fails to break out here and dips below $300 again, that could be a red flag, and we might see a bit more sideways or even downside action. So yeah, keep an eye on the volume. If buyers step in with conviction, this could turn into a beautiful breakout. If not, maybe just stay patient. Either way, AAVE’s setup is looking spicy and definitely worth watching!

#Altcoin Season Update#