๐ Paradisers, prepare for a potential opportunity with AAVEUSDT. After experiencing rejection from a supply level, it's now showing signs of regaining bullish momentum, indicating a high likelihood of an upward trend.
๐ AAVE has historically followed a pattern of breaking above a descending channel, leading to upward movements. Currently, after facing rejection at the supply level of 110.03, AAVE is showing renewed bullish momentum. This suggests a strong possibility of a bullish continuation from the demand level at 86.52.
๐ However, there's an alternate scenario to consider: if AAVE fails to sustain its upward momentum and breaks below the 86.52 level, we could see a move towards lower support levels.
๐ This analysis highlights the importance of closely monitoring AAVE's price action around these critical levels for informed trading decisions.