Why AAVE bulls need to be cautious before entering a long trade

AAVE’s month-long bullish rally seemingly halted at the $245-resistance while the bears pushed the price to test the $210-level over the past day. Should the bulls fail to reclaim the three-week trendline support (yellow, dashed), AAVE eyed at a further downside in the coming days. As the price gap between the EMA ribbons lessens, the […]