AAVE Reclaims Key Support as Bullish Momentum Builds

AAVE has reclaimed its key support level at $94.76 and is poised for further upside, according to @CryptoMichNL.

The MACD golden cross remains intact, indicating that momentum is still on the side of bulls.

A break above the 21-week moving average (MA) could be a major catalyst for AAVE price prediction models, which historically indicate significant continuation phases in the asset's price action.

The token currently sits comfortably above both the EMA50 and EMA200, further solidifying its bullish structure.