AAVE has snapped its recent downtrend with an intraday 8% surge, pushing price back toward the $96 mark as buyers stepped in decisively near the $90–$95 demand zone. The move follows a prolonged phase of controlled selling, where price consistently printed lower highs before stabilizing near support. The shift is now visible on the daily chart, where a bullish engulfing candle marks a clear rejection of lower levels and signals strong demand absorption.
That shift turned decisive with the formation of a bullish engulfing candle, marking a strong reaction from buyers and the first meaningful disruption of bearish structure. Currently, AAVE token is now approaching the 20-day moving average near $97–$98, which acts as the first resistance layer. A sustained move above this zone would confirm strengthening short-term momentum.
However, the defining level remains $100. This level aligns with prior breakdown structure and serves as a psychological barrier where a significant number of short positions are likely concentrated. A breakout above $100 would not only confirm structural reversal but could also trigger a short covering rally, accelerating price toward the next resistance cluster. If momentum expands, the next upside zone lies near $110–$115, where the 50-day moving average and previous supply converge.
On the downside, the $90–$95 zone remains critical support. A breakdown below this region would invalidate the current recovery structure and shift the market back into bearish continuation. The structure has shifted, but confirmation now depends entirely on whether $100 breaks with strength.
AAVE Price Outlook: $100 Becomes the Line That Defines the Next Move
AAVE is now positioned at a key inflection point, trading between firm support at $90–$95 and resistance at $100. A breakout above $100 could unlock momentum quickly, driven by structural confirmation and the potential unwinding of short positions, opening the path toward $110 and higher. However, a failure to reclaim this level, however, may keep price range-bound in the near term. The recovery is in motion, but $100 remains the level that will decide whether this becomes a breakout or just another bounce.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
About Author
