AAVE: Inverse Head and ShouldersAAVE (AAVE) technical analysis:
Trade setup : Trading in an Inverse Head and Shoulders pattern. Could revisit $97 resistance zone. (set a price alert).
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $70, then $60. The nearest Resistance Zone is $80 (previous support), then $97.