AAVE is trading inside an ascending channel, rejecting from resistance near 334.
Bearish path: Rejection at the yellow resistance zone sets up a pullback toward the Fib Golden Pocket, aligned with channel support around 277–252.
Bullish path: A sustained reclaim above resistance would shift momentum, putting higher channel levels back in play.
With Stoch RSI oversold, momentum could support a short-term bounce, but the reaction here decides if AAVE holds trend or tests deeper support.
Bearish path: Rejection at the yellow resistance zone sets up a pullback toward the Fib Golden Pocket, aligned with channel support around 277–252.
Bullish path: A sustained reclaim above resistance would shift momentum, putting higher channel levels back in play.
With Stoch RSI oversold, momentum could support a short-term bounce, but the reaction here decides if AAVE holds trend or tests deeper support.
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We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.