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AAVE Hovers Near $98 Resistance as Institutional Longs Reach 65%

AAVE Hovers Near $98 Resistance as Institutional Longs Reach 65%

AAVE is trading at $98.60, hovering just above a key resistance level that has so far capped gains. Institutional money flows are 65% long, signaling a bullish tilt among larger investors, but aggressive selling has created a wall at $98 that the token has struggled to break.

Resistance at $98 Holds Firm

The $98 mark has turned into a stubborn ceiling. Repeated attempts to push higher have been met with sell orders that prevent a clean breakout. For now, the price sits in a narrow band, with bulls trying to absorb the selling pressure while bears defend the level. The 65% long positioning among institutional players suggests that a sizable chunk of big-money traders expect an upward move — but they haven't been able to force one yet.

Breakout to $105 Hinges on Buying Pressure

A move above $98 could open the door to $105, according to market participants tracking the token. That potential gain hinges on whether buyers can overwhelm the resistance. If the current selling fades or more institutional capital enters, the path higher becomes clearer. Conversely, if resistance holds, AAVE could drift lower as the long-heavy positioning becomes a risk if sentiment shifts.

Next Two Weeks Pivotal

The coming 14 days are critical for AAVE's price direction. The combination of a concentrated resistance level and heavy institutional longs creates a setup that could resolve sharply in either direction. Traders are watching closely for a decisive move — either a breakout that targets $105 or a rejection that could lead to a pullback. The outcome depends on whether the buying power behind the 65% long flows is enough to absorb supply at $98.

For now, the token remains stuck at a crossroads. The next steps from institutional traders — adding to positions or taking profits — will likely determine whether AAVE climbs or stalls.