AAVE Price Hops 3.49% to $134.59 Amid Momentum Standoff and Smart Money Conviction

AAVE has seen significant price movement in recent days, reaching $134.59 and printing a 3.49% gain over the last 24 hours. This increase comes as capital rotates away from pure Layer-1 speculation and into yield-productive infrastructure, such as DeFi lending protocols.

The technical analysis of AAVE's chart reveals a textbook bull-stack of moving averages beneath its current price, with every major SMA sitting below the current price in an ascending formation. This alignment suggests that the trend is intact and bears have no structural argument.

However, the MACD histogram is currently pinned at zero, indicating a momentum standoff happening in real-time. A break above $137.88 resistance could lead to a test of upper Bollinger territory, while a negative crossover would confirm that buyers ran out of gas directly below resistance.