AAVE - Technical review and analysisAAVE has registered a complete range trend during the last week. Although the price of AAVE broke the trend line support, the buyers provided good support again due to the existence of static support below the $60 range. The positive reaction to the price of 58 to 60 dollars has caused a 9% growth and hit the resistance range of 63.5 to 66.6 dollars. If more support from buyers this week can bring the price back above the blue resistance range, we expect the AAVE currency trend to remain bullish for the short term. We can consider short-term targets in the range of $68-$70 and $80 range. . Note that the overall trend of the currency is still bearish on the higher time frames, and due to the last strong bearish wave that took the price to the $50 level, a break of the $70 minimum resistance is needed to change the trend.
