AAVE / TetherUS
Long

AAVEUSDT ! Formation of pre-breakdown consolidation for growth

711
AAVEUSDT has been trading in a downward price channel for quite a long time, not particularly reacting to market changes. A strong downtrend continued until the $60 mark, after which the price enters a state of strong consolidation and forms a retest of this level after testing the resistance.

I guess that the price can break through the resistance of 92.5 on the retest and at the same time the resistance of the descending channel. In the short term, I expect growth to resistance 116.5

Sincerely, R. Linda!

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