altFINS

AAVE: Inverse Head and Shoulders

BINANCE:AAVEUSDT   AAVE / TetherUS
AAVE (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.

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