AAVE is approaching a key resistance cluster between $100 and $101, but the rally that brought it here has lost steam. Open interest is quietly bleeding, and traders are watching whether the token can push through or will slide back to $93.
Resistance cluster at $100–$101
The $100–$101 zone has acted as a technical barrier in recent sessions. AAVE's price has tested this area multiple times without a decisive breakout. Momentum indicators have gone completely flat, suggesting buyers are hesitating. At the same time, open interest in AAVE futures has been declining, a sign that speculative interest is fading rather than building.
What a failed breakout could mean
If AAVE fails to close above $100, the next support sits near $93. A drop to that level would erase most of the recent gains. The combination of flat momentum and shrinking open interest often precedes a pullback, though a confirmed close above $100 could open the door to further upside. For now, the market is waiting for a clear signal.
The question hanging over AAVE is whether enough buying pressure will emerge to push through the resistance. Without a catalyst, the path of least resistance appears lower.
