Aave slides toward $100 as DeFi sentiment sours Aave’s AAVE token traded around $108 Monday as a broad pullback across decentralized finance assets pushed the market into negative territory. The token’s recent weakness has it flirting with a critical $100 support level, as rising selling pressure and a drop in total value locked (TVL) heighten the risk of further losses. Where AAVE stands now - Price action: AAVE was near $370 in August 2025 but slid heavily through late 2025. A double-top formed in the latter part of the year, and a drop to roughly $95 last week marked a sharp downturn. After a brief rebound to about $120, the token has been retesting the $108 area. - Performance: AAVE is down ~15% over the past week, ~25% year-to-date, about 67% since August 2025 and more than 80% below its 2021 all-time high above $667. - Fundamentals: The price slump has coincided with a marked fall in Aave’s TVL, signaling weaker liquidity and softer protocol revenue—factors that increase vulnerability to continued declines. Technical picture and possible paths - Near-term support/resistance: Traders are watching a support cluster around $112–$120. If AAVE fails to hold these levels, a slide toward the psychologically important $100 mark looks likely. A clear weekly close above $140 would be needed to revive momentum; $144 is the next resistance to watch above that. - Downside targets: A deeper breakdown could accelerate selling and push AAVE toward a $75–$80 demand zone—levels last seen in early 2024 and roughly aligned with key Fibonacci retracement points. - Indicators: Momentum oscillators sit in neutral territory and hint at the possibility of a short-lived bounce, but moving averages continue to reflect strong selling pressure. The daily RSI is near 34, leaving room for sellers and raising the risk of a false breakout before a sustained directional move. Bottom line Bulls aren’t entirely out of the picture, but sentiment is battered and technical momentum favors bears. Watch the $112–$120 support zone for near-term stability; a breakdown below those levels would increase the odds of a slide toward $100 and potentially the $75–$80 range. Conversely, a sustained weekly close above $140 on rising volumes would be required to shift the outlook back toward a meaningful recovery. Read more AI-generated news on: undefined/news