Technical analysis by Kat-Crypto-Street1 about Symbol AAVE: Sell recommendation (7/11/2024)

Aave (AAVE) has recently surged past its Exponential Moving Averages (EMAs), indicating a strong upward trend. However, it is now nearing a critical resistance zone where caution is advised. Price Targets: Monitor for a possible rejection in the $97 - $104 range. Should this rejection occur, prices could potentially decline towards the $80 support zone. These levels are essential to consider when tracking AAVE's performance.