AAVE market analysis🚩

AAVE's daily line rose significantly yesterday, rising from a low of 308 to a high of 389, and finally closed at 383.5. Currently, 365 forms an important support below, providing entry points for bulls. The top is facing the pressure of 395. Once it breaks through, it may continue the rise to 420. The MACD indicator shows that the power of shorts is shrinking and there is a tendency to form a golden cross.

On the four-hour chart, the MA7 moving average is short-term support, and you can go long on dips. The short-term strategy recommends entering the market in the 373-365 range, and is expected to rebound to the 395-420 range.