AAVE has reversed its recent downward trend, jumping 8% in a single day and approaching $96. This increase happened because buyers strongly stepped in when the price fell to between $90 and $95. Previously, the price had been steadily decreasing, but it found support and stopped falling. The daily chart now shows a clear signal of this change – a bullish engulfing candle – indicating that sellers were overcome and buyers are now in control.
AAVE’s price is currently testing a key resistance level around $100. If buying pressure continues, it could move higher. With recent purchases at lower prices and the market showing signs of change, the big question is whether AAVE can break above $100 and continue its upward trend.
Derivatives Positioning Signals Early Shift in Market Bias
I’m seeing some really encouraging signs for AAVE right now. It’s not just a quick price jump – the increasing activity in the derivatives market suggests traders are genuinely becoming more bullish. Over the past day, trading volume is up almost 15%, hitting around $294 million, and the amount of money locked in open positions has increased by over 8% to $231 million. This tells me new money is flowing in, backing up the price increase, especially after AAVE bounced back from that $90-$95 support level. It feels like more and more people are starting to participate as the price recovers.
Currently, traders are still slightly leaning towards buying, with a net long position of around 295,780 contracts, compared to 345,100 net short contracts. More importantly, the rate of increase in short positions has begun to level off after a consistent rise, suggesting the intense selling pressure may be easing. This kind of pattern often happens before a significant price move.
Although short positions are still common, they’re no longer driving prices down, making the market react strongly to any increases, particularly when approaching important price ceilings. While there are still more sellers than buyers, recent changes indicate sellers are starting to lose their advantage.
AAVE Price Analysis: Reversal Structure Builds as $100 Emerges as Breakout Trigger
AAVE’s price is starting to recover after a recent decline. It stopped falling around $90-$95, where selling slowed down. This suggests that the downward trend is losing momentum and buyers are starting to step in.
The market trend changed significantly when a bullish engulfing candle appeared, indicating strong buying activity and a break in the previous downward trend. Now, the AAVE token is nearing its 20-day moving average, around $97-$98, which could act as a temporary ceiling. If the price stays above this level, it suggests the short-term upward momentum is gaining strength.
The key price level to watch is still $100. This price has been important in the past and many traders who are betting against the price (short sellers) are likely watching it closely. If the price rises above $100, it would signal a potential trend reversal and could cause short sellers to buy back their positions to limit losses, which would likely drive the price higher. If this upward momentum continues, the next target price range is $110–$115, an area where a key moving average and previous selling pressure coincide.
As I’ve been observing the market, the $90-$95 range is a key level to watch. If the price falls below that, it would suggest my initial expectation of a recovery was incorrect and we’d likely see prices going down again. Things are changing, but I really need to see the price decisively break above $100 to confirm that this upward trend is solid.
AAVE Price Outlook: $100 Becomes the Line That Defines the Next Move
AAVE is currently at a critical moment, fluctuating between strong support around $90-$95 and resistance at $100. If the price rises above $100, it could gain significant momentum, fueled by positive signals and the possible closing of short positions, potentially reaching $110 or even higher. But if it fails to break through $100, the price is likely to remain within its current range for now. While AAVE is recovering, reaching $100 will determine if this turns into a sustained breakout or just a temporary increase.
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2026-04-13 09:37