Technical indicators signal a Bullish Flag forming. Verify the setup on the chart.
Bullish continuation if preceding move was up.
Gradual reversal from bearish to bullish.
Reversal pattern. Price likely to break downwards.
AAVE is showing interesting structural developments at $92.94. With a last close of $92.94, volatility remains active (-2.21%). Price action has carved out a classic Bullish Flag. The trend indicator is reading 8.5/100, suggesting moderate momentum. A potential breakout level is identified at $101.99, targeting $145.93 with support near $87.56 (R:R 3.05).
What is your outlook on AAVE?