How bullish is Aave after recovering from the $50 bottom?

AAVE has been recovering from the $50 bottom
The cryptocurrency has suffered from limited DeFi activity
AAVE needs to overcome resistance at $71 and the descending trading channel
Aave price (AAVE/USD) touched a low of $50 on November 22. The level is a crucial support that AAVE traded at in June. Afterwards, AAVE embarked on strong bullish momentum, hitting $115 in August. If history repeats itself, AAVE buyers could look at another bullish rally that could last for a while. However, it is not