$AAVE - General Outlook After Trump Pump

Rising was rejected from Daily EMA200 just before reaching the declining trend resistance line.

In order to talk about a bullish reversal, it needs to break the downtrend resistance (red solid line) and make a daily close above the dashed red line, i.e. 239, and make a Higher High (HH)/CHoCH on the internal structure.

Currently trying to turn the green box demand zone into a support. If the green box support is lost, declines towards 135 - 125 could deepen.