$AAVE looking bullish while holding strong above the recent support zone. I'm seeing buyers quietly stepping in again.

Reason I'm interested here:

Price recently pushed up to 119.8, showing strong buying momentum. After that move, it didn't crash. Instead, it's forming a healthy pullback and consolidation around 116–117.

That usually means one thing.

Buyers are still in control.

I'm seeing multiple candles respecting the 116 support region, which tells me this level is acting as a demand zone.

Instead of panic selling, the market is absorbing selling pressure.

This is often how the next push builds.

Right now the structure shows:

• Higher lows forming
• Support holding strong
• Liquidity building below the range

When price compresses like this after a strong move, it usually leads to a breakout expansion.

Here’s the trade setup I'm watching.

Entry Zone
I'm entering around 115.8 — 116.5

This is the support area where buyers already defended price.

Stop Loss
113.9

If price breaks below this level, it means buyers lost control and the setup becomes invalid.

Target Levels

First Target
119.8

Recent rejection area. Price already tested this level once.

Second Target
123

Next resistance where momentum can slow.

Final Target
128

If the breakout happens with volume, price can accelerate toward this level quickly.

How this move becomes possible:

I'm seeing liquidity building above 120. Many traders placed sell orders there after the last rejection.

If buyers push price back toward that level again, a breakout above 120 can trigger stop losses from short traders.

That creates a short squeeze.

When that happens, price usually moves fast because liquidity above gets taken.

I'm watching for strong bullish candles around 116 support. If buyers defend this area again, the move toward 120+ becomes very likely.

Risk is controlled. Structure is clear.

I'm ready.

Let's go and Trade now $AAVE ‌