Tag cryptocurrency trend analysis

AAVE at a Crossroads: Bull Trap or Trend Reversal?

AAVE at a Crossroads: Bull Trap or Trend Reversal?

The decentralized finance token AAVE is currently navigating a period of significant volatility, presenting a complex but revealing technical picture. Yesterday's analysis correctly anticipated a minor bullish bounce, but this upward movement appears to be a temporary reprieve within a much stronger and more dominant bearish trend.