AAVEUSDT | PARALLEL CHANNEL
AAVEUSDT is trading within a parallel channel . The price has printed bearish candles near the upper boundary of channel.
There is a horizontal resistance zone confluence with 100MA.
The price has multiple times rejection from 100 MA too.
The bulls need to break above the channel and price must sustain above the horizontal resistance too.
While bears are active below the upper boundary of the channel.
Trade your levels accordingly.
There is a horizontal resistance zone confluence with 100MA.
The price has multiple times rejection from 100 MA too.
The bulls need to break above the channel and price must sustain above the horizontal resistance too.
While bears are active below the upper boundary of the channel.
Trade your levels accordingly.
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