🚨 AAVE PRICE RISKS DROP TO $77 AS $100 FLIPS TO RESISTANCE
📉 Aave is currently trading around $91, with the $100 psychological level now confirmed as solid resistance. This shift follows a sharp breakdown earlier this week that saw the price plummet as low as $83.92.
📊 Technical indicators are heavily bearish, with the 4H Supertrend and MACD showing strong downward momentum. If Aave fails to hold its current ground, the next significant support floor sits at approximately $77.97.
📉 Beyond technicals, governance tensions are weighing on investor confidence. The exit of key technical contributors like BGD Labs ahead of the major V4 upgrade cycle has created a layer of uncertainty for the protocol.
🚀 To invalidate this bearish setup, Aave needs a decisive daily close back above the $100 mark. Until then, the primary target remains lower, with some analysts warning of a potential fall toward the $51 structural floor.