AAVE Price Stuck in Downtrend, But Whales Are Building Longs
AAVE is currently trading at $89.07, below its major moving averages and facing flat momentum, but whales are quietly building longs into the weakness.
The next 72 hours deliver a binary setup for AAVE: it can either bounce back to the EMA wall at $90.30-$91.24 or break down to the lower Bollinger Band at $84.46.
The stochastic divergence, smart money positioning, and MACD histogram flatlining all argue for a short-covering event, but the bears remain structurally in charge until AAVE reclaims its 200-day SMA at $97.94 with sustained volume.