๐AAVE replicating the same wedge pattern, with a key observation being that it's trading in a strong demand area and below EMA 50.
๐Another aspect to consider is that if the price re-enters the box due to the market uncertainty that has been prevalent for the last few days, it might consolidate and, with increased selling pressure, invalidate the bullish momentum.
๐The POC of VRVP (Visible Range Volume Profile) is acting as resistance. If the price maintains its momentum above EMA 50, we could be in for a solid bullish move.
๐ In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!