AAVE is trading at $127.71, holding a bullish trend structure, but momentum has stalled. The MACD histogram is at zero, a dead-zero reading that signals a pause in the trend. At the same time, aggressive taker selling in AAVE derivatives points to pressure from short-term traders. The next decisive move could be to $140 or $118 within the next two weeks.
Momentum Stalls at Dead-Zero
The MACD histogram, a measure of momentum, is sitting at zero. That's a rare spot. It means the short-term and long-term moving averages are essentially in sync, with no clear push in either direction. For a token that's been in a bullish structure, this stall is notable. It doesn't break the trend, but it does pause it.
When the histogram is at zero, the market is waiting. Buyers aren't gaining ground, and sellers aren't either. The next move often comes after a period like this, and it can be sharp. The fact that AAVE is holding its bullish structure while momentum flatlines suggests the market is building energy for a breakout — or a breakdown.
Aggressive Taker Selling in Derivatives
In the derivatives market, taker selling is when traders hit the ask price, taking liquidity rather than waiting for a better fill. Aggressive taker selling means these traders are willing to pay up to get out of long positions or open shorts. That's a bearish signal in the short term, even if the overall trend structure remains bullish.
The data shows this selling pressure is active right now. It's not a huge volume, but it's persistent. That could be why the momentum has stalled — sellers are absorbing the buying pressure. If this taker selling continues, it could tip the balance and push AAVE toward the lower end of the range.
Two Paths: $140 or $118
Given the current setup, the next decisive move could go either way. A break above the recent range could push AAVE to $140, a level that would confirm the bullish trend is still intact. On the downside, a failure to hold current levels could send the token to $118, which would test the strength of the bullish structure.
Both levels are within reach. The two-week window is the key timeframe. If the momentum stall resolves to the upside, $140 is the target. If the taker selling wins out, $118 is the more likely destination. The market is at a crossroads, and the next few sessions will likely determine which path it takes.
What to Watch in the Next Two Weeks
The next two weeks will be telling. The MACD histogram needs to move off zero, and the derivatives market needs to show whether the taker selling continues or fades. A close above $130 would be a strong signal for the bulls. A close below $120 would put the bearish case in play.
For now, AAVE is in a holding pattern. The trend structure is bullish, but the momentum is flat. The next move, whether to $140 or $118, will define the short-term direction. Traders will be watching the price action closely as the two-week window narrows.
