$AAVE
đ Market Context
AAVEâs price has recently shown weakness with a decline and volatility underperforming broader crypto markets. Major drivers include ongoing governance disputes between Aave DAO and Aave Labs, which has hurt confidence. ďż˝
CoinMarketCap
Large whale selling has also pressured price action, flooding liquidity and driving short-term bearish sentiment. ďż˝
CoinMarketCap
đ Technical Signals
Technical indicators show oversold conditions in some shorter-term metrics (e.g., RSI), suggesting the potential for a near-term bounce if support holds. ďż˝
CoinMarketCap
However, bearish momentum from breakdowns below key support (e.g., $160â165 range) continues to weigh on immediate upside until critical resistance levels are reclaimed. ďż˝
CoinMarketCap
đ Short-Term Outlook
Recent sideways to bearish price action and technical range compression keep traders cautious. Some analysts point to key resistance near $170â$180 as an important breakout zone. ďż˝
MEXC +1
Price targets in short to medium term vary, with some forecasts still seeing potential recovery toward $190â$195 if momentum returns. ďż˝
MEXC
TMGM
Institutional interest and product expansion (e.g., cross-chain integrations, V4 upgrades) are positive fundamentals but may take time to fully reflect in price. ďż˝
AInvest
đ Summary
Bullish factors:
Oversold technical conditions hinting at bounce potential. ďż˝
CoinMarketCap
Strong DeFi usage metrics and institutional growth indicators. ďż˝
TMGM
Upgrades and ecosystem expansion could support longer-term value. ďż˝
AInvest
Bearish factors:
Governance conflict and whale selling pressure undermining investor confidence. ďż˝
CoinMarketCap
Price struggles to break key resistances in the short run. ďż˝
MEXC
Outlook: Mixed to cautious in the short term, with recovery tied to reclaiming technical levels and resolution of DAO-related uncertainty. Longer-term prospects remain attached to DeFi adoption and protocol fundamentals. ďż˝
CoinMarketCap
*(This is not financial advice.)*
