AAVE Price Enters Bull Mode After Market Shift – Could This Be the Start of a Legendary Run?

AAVE has officially flipped bullish, and it's starting to catch the market's attention. After dealing with months of downward pressure, the AAVE price finally broke out of its bearish structure.

AAVE price has officially flipped bullish and it’s starting to catch the attention of market traders. After dealing with months of downward pressure, the crypto broke out of its bearish structure and bounced off a key monthly zone to shift momentum toward the bulls. Now, with higher targets in sight, traders are watching to see just how far this move can go.

As of today, Aegis has gained nearly 12% and is trading around $176.67. The crypto’s volume has also jumped by almost 28%, which suggests more traders are watching the action closely.

Aave Price Flips After Fair Value Gap Reaction

The AAVE price market structure shifted in mid-April after it swept sell-side liquidity and reversed sharply from the $120-$130 zone, which aligns with a monthly bullish fair value gap. This shift marked the first higher high since the start of the year, confirming a structural break of the previous downtrend.

The daily chart shows that AAVE has since reclaimed the $145-$160 zone, an area defined as a daily FVG. That range is now acting as a support level, which technical traders consider confirmation of bullish intent, especially if the price continues to hold above it in daily closes.

Analyst Sets AAVE Price Target at $241 and $350

Market expert CryptoPatel on X outlined a bullish trading plan based on the market structure shift. The entry is placed at $168.50, with a stop-loss below the daily FVG at $129. The first target is $241.80, where a monthly bearish FVG could act as resistance. An extended move toward $350 is possible if momentum carries through.

The tweet notes that the bullish bias remains valid as long as the price stays above the reclaimed FVG. Any drop below $129 would invalidate the structure and signal weakness.

AAVE Liquidity Sweep Sparks New Momentum

Before the current move, AAVE price experienced a liquidity sweep in March that cleared sell-side levels at $90 and $110. This pattern often precedes reversals when met with strong buying pressure.

Since then, volume has risen, and higher lows have formed on the chart, shifting momentum toward the bulls. This shift has also led to growing interest from swing traders who aim to capture the full range toward imbalance zones.

With AAVE trading above previous resistance and volume continuing to climb, the setup remains in play as long as price structure supports the bullish case.