AAVE's price action is defined by a firm long-term structure while navigating short-term consolidation. Analysis from Bitcoinsensus highlights that AAVE continues to respect a multi-year ascending trendline originating from the 2022 bear market lows, consistently forming higher weekly lows. This pattern suggests sustained demand and accumulation, with the weekly chart showing controlled expansion and limited panic-driven activity.
The next major technical test is the historical resistance zone near $670, a supply region from the prior market cycle. A decisive weekly close above this level would confirm a long-term breakout and validate the multi-year base formation, while a rejection would not negate the broader bullish structure as long as the trendline support holds.
In the near term, AAVE experienced volatility, with a sharp dip on the 4-hour chart to the $182–$184 demand zone followed by a rapid rebound, indicating spot-driven demand and potential forced selling capitulation. As of the latest data, price is consolidating between $186 and $190. Trader Merlijn The Trader outlined a precise short-term setup (AAVE/USDT) with an entry at $177.08, a stop-loss at $175.57, and a take-profit at $180.91, emphasizing defined risk within the existing range rather than predicting a trend reversal.
The overall market phase reflects balance, with long-term structure guiding direction and short-term momentum cooling. Market participants are closely watching the reaction at the $670 resistance and the defense of the $182–$184 support zone for directional cues.
