AAVE Flips Bullish After Market Structure Shift – Targets $241.80 and $350

By: cryptofrontnews|2025/05/02 16:00:08
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AAVE’s latest market structure change verifies a positive trend, breaking through lower highs and aiming towards upper price areas such as $241.80 and $350.Following a bullish reaction to the monthly FVG, AAVE has printed a Higher High, confirming a sustainable upward movement in market structure.The bullish retest in the area of $150–$155 confirms the upward trend, outlining a clear direction towards possible continuation towards the monthly bearish FVG at $241.80.The price of AAVE has recently shifted to a bullish market structure, following a strong reaction from a key monthly Fair Value Gap (FVG) near $111.50. This upside movement confirms a structural shift, setting the tone for potential continuation toward higher targets.Bullish Market Structure Confirmed After Monthly FVG ReactionA recent tweet from Crypto analyst CryptoPatel confirmed a bullish Market Structure Shift (MSS) in AAVE/USDT after price tapped into the monthly bullish FVG. The strong reaction from the $111.50 level initiated a new bullish trend. This move broke above prior lower highs, creating a Higher High (HH) and validating the bullish outlook.https://twitter.com/CryptoPatel/status/1917842675820290099After the breakout, price revisited the daily FVG around $150–$155 in a bullish retest. This area now acts as key support. As long as price holds above this zone, momentum favors the continuation toward higher timeframe targets. The confirmation of the MSS adds weight to a short-term bullish bias.AAVE Trade Setup Targets $241.80 and $350The current AAVE trade setup includes an entry around $168.50, with a stop-loss set at $129, just below structural invalidation. This position aligns with the retest of the daily FVG and aims for an initial target at $241.80, a monthly bearish FVG. This level is expected to attract reactionary activity as it represents a key imbalance zone.Should the price continue beyond this point with sustained momentum, the next upside target sits at $350. The bullish structure remains intact as long as daily closes remain above the $150–$155 support zone. Traders are advised to monitor lower timeframe break-of-structure (BOS) signals for confirmation.Price Action and Momentum Support the Bullish ContinuationAt the time of reporting, AAVE trades at $173.66, marking a 0.74% rise in the past 24 hours. Over the last seven days, the token has gained 4.49%, reflecting continued strength. This performance aligns with the bullish structure and supports the short- to mid-term upside targets laid out in the trade setup.Maintaining bullish price action above the daily FVG remains critical for this setup. The current structure supports further movement into higher timeframe imbalance zones, aligning with the expected continuation toward $241.80 and possibly $350.The post AAVE Flips Bullish After Market Structure Shift – Targets $241.80 and $350 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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