Technical analysis by Ivan_Olyanskiy about Symbol AAVE: Sell recommendation (12/21/2023)

Monthly - Still bullish for continued growth. There's a chance of a pullback to 70, which could be a good opportunity to buy more. It's already too late to buy now. Weekly - strong selling pressure visible. It also seems that prices are being capped, with a very high probability of a pullback. Although if there's a breakout above the resistance at 110, then the path could clear up towards 200. 3-Day - two short signals - clearly not in favor of continued growth. The bullish momentum is almost extinguished. Daily - looks weak. The buyers' index has nearly faded, although there are some signs of seller weakness, higher timeframes carry more weight. Levels below 65 are worth buying at.