AAVE Price Rally Falters as Momentum Exhaustion Flags Pullback

AAVE has surged by 9.56% in a single session to $106.97, but momentum indicators are flatlining at overbought extremes and open interest is collapsing 10.63%, suggesting a pullback toward $98, $101.

The recent price action has created a troubling divergence, with the MACD histogram sitting at zero, indicating that the bullish thrust driving this spike has fully exhausted itself.

Additionally, AAVE's price is trading at a statistical extreme of 34% above its upper Bollinger Band, which often signals a short-term reversal.

The level map is clean and straightforward, with key levels exposed at $98.52, $104.41, and $112.86, providing clear targets for traders.