Blockchain.news
AAVE to $100? The Wall Is at $100 — Here’s What Breaks It or Buries It
July 24, 2026•07:00 AM
Intel Brief: AAVE is tightening just under $96, sitting beneath converging resistance around the $100 psychological level and the Bollinger upper band near $100.12.
Context and impact: Even with “smart money” holding a 57% net long position, active selling pressure is currently overpowering the tape. A clean break above $100 could trigger a continuation leg; a rejection at this zone likely flips momentum and drags price back into consolidation.
While 57% of smart money is net long, short-term price behavior suggests active selling pressure is dominating. In other words, $100 is acting like a wall: if buyers push through, the move can extend; if sellers defend, AAVE risks a pullback and renewed range trading.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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