$AAVE Faces Another Rejection as Bearish Pressure Builds

$AAVE has once again failed to break through resistance, suggesting that sellers are still defending this area. The repeated rejection keeps the short-term outlook tilted toward the downside, while the current price structure points to further weakness if bearish momentum continues.

Key figures

$116.37–$116.71 — Entry zone and immediate resistance area.

$121.33 — Invalidation level; a move above this zone could weaken the bearish outlook.

$112.46 — First downside level to watch.

$108.97 — Second support target if selling pressure increases.

$104.89 — Deeper downside area if bearish momentum accelerates.

Market Outlook

As long as AAVE struggles to reclaim the resistance zone, sellers may continue to control the short-term direction. A sustained move below $112.46 could open the door toward $108.97, with $104.89 becoming an important lower level.

However, if buyers manage to push the price above $121.33, the bearish structure would need to be reassessed.

The key factor now is whether sellers can maintain pressure or buyers finally manage to reverse the repeated rejections.

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