Technical analysis by Maddox_Metrics about Symbol AAVE on 1/6/2026

AAVE 🎯 Price printed a bullish engulfing candle from daily RSI bullish divergence and High Volume Node support. It is currently testing the pivot. Overcoming this will add confidence to the bullish move, with a first target of the daily 200EMA and High Volume Node resistance at $220. Overcoming the daily 200EMA will add confluence to a major bottom being in. 📈 Wave (C) of triangle wave (D) appears to be underway. Daily RSI sits at the channel EQ and is crossed bullishly. 👉 Analysis is invalidated if we drop below $148, keeping wave (B) alive. Safe trading