AAVE has rebounded from a low of $67, a move traders often call an oversold bounce. The token now faces a critical decision point: reclaim $72 to keep the recovery alive or risk sliding back toward $55.
The bounce and what comes next
The jump from $67 was sharp but so far only technical. An oversold bounce means the selling pressure had exhausted itself temporarily, pushing the price higher. For a sustained rally, AAVE needs to hold above $72. That level served as support before the drop. If it doesn't, the path of least resistance points lower.
Two possible paths
If AAVE does reclaim $72 and hold it, the next target is the $85–$90 resistance zone. That could happen within weeks, given the current momentum. But failing to hold $72 would likely send the token down toward $55, erasing much of the recent gain.
That leaves traders watching the $72 mark closely. A decisive break above it could trigger buying, while a breakdown would confirm the bounce was a false start.
The token has not yet given a clear signal. Volume and broader market sentiment will help determine which direction wins out. For now, the range between $67 and $90 remains the battleground.
