AAVE is trading at $95.36, stuck just below the $100 psychological barrier. The token has been unable to push through that level despite several attempts in recent sessions. Traders are watching closely — the next move could set the tone for the week.
Why the $100 Level Matters
Round numbers often act as magnets or walls in crypto markets. For AAVE, $100 has been a stubborn ceiling. The current price sits about 4.6% below that mark. A clean break above it would signal renewed buying interest and likely trigger stop-losses from short sellers.
MACD Flat: A Warning Sign
The MACD momentum indicator is completely flat right now. That means there's no clear directional push from either bulls or bears. When the MACD goes flat near a major resistance level, it often precedes a sharp move — but no one knows which way. Traders are sitting on their hands.
The $97.79 Trigger
If AAVE can clear $97.79 with conviction, the technical picture shifts. Analysts tracking the charts say that level is the immediate hurdle. A daily close above it would open the path to $105.96 — roughly a 10% gain from current prices. But until that happens, the risk of a pullback remains.
Volume has been below average in the past 24 hours, adding to the uncertainty. Without a catalyst — a protocol upgrade, a listing, or broader market momentum — AAVE may drift sideways a while longer.
