AAVE Breakout Watch: Bulls Eye $200 Run

AAVE is trading at 173 following a defense of key supports. The rising channel indicates that it has a chance of breaking out in the next week to the $180 to 200 resistance area.

Aave trades at $173.34 as of January 18, 2026. The token fell 0.97 percent in the last 24 hours but rose 4.22 percent in the last week. Market capitalization remains close to $2.65 billion, making it one of the best DeFi protocols.

CryptoRand on X says that AAVE is hoping to initiate a complete bullish turnaround. The token is bursting through the central downtrend resistance following the defense of the local $165 support. The analyst observed that the setup appears to be set to increase.

Source: Cryptorand 

Channel Pattern Signals Accumulation Phase

On the 4-hour chart, AAVE honors a clearly defined upward track. Price action indicates elevated highs and elevated lows. Buyers will always intervene at the bottom of the line as opposed to waiting to see deeper pullbacks.

New price behavior was rebuffed at the upper limit of $180.43. The pullback was not hysterical but logical. Price currently trades above the 50-period moving average at around $171.09, which serves as dynamic support in the short run.

Such behavior indicates healthy consolidation as opposed to trend exhaustion. The bullish channel structure is still in place to continue.

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Critical Levels Define Next Major Move

The lowest point of the channel is at support of around 166.61, which is a 4 per cent down move to the current levels. Any ushering into this zone would be a normal corrective action in the greater bullish framework.

The resistance on the upper channel boundary is at the boundary of $180-186. Breaking out above this area clean would be a sign of buyer strength coming back. A successful performance would move us faster towards the psychological $200 level.

The 50 MA in proximity to 171 is the immediate support. Loss of this level would probably put the lower channel limit to the test. Channel support may display a strong bounce back of AAVE towards the upper resistance.

Bulls require assurance beyond the channel resistance until they declare full control. The most important thing is patience as the trend unfolds through consolidation.

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