Aave (AAVE) has recently benefited from renewed optimism across the cryptocurrency market, accompanied by increased buying activity that pushed prices higher. After this advance, a minor corrective pullback has taken place, with AAVE now trading around $165. So far, the pullback appears controlled rather than impulsive, suggesting the move may be part of a broader consolidation phase rather than a trend reversal.

AAVE technical analysis

AAVEUSD - 1 Day Time Frame

The $165 area currently acts as a short-term support, helping to stabilize price after the recent rise. As long as this level holds, the near-term structure remains constructive, with buyers still active on dips.

On the upside, $185 stands out as the next key support/resistance (S/R) zone. This level is currently acting as resistance, but it also served as a minor support toward the end of 2025, increasing its technical relevance. A decisive break above $185 could shift momentum more clearly in favor of the bulls.

Above that, attention turns to the psychologically significant $200 level, which also aligns with another S/R zone. This area has historically attracted strong market reactions and would likely represent a more meaningful test of bullish conviction if reached.

AAVE price target

If upside momentum fades, AAVE may continue to oscillate between $150 and $165, forming a consolidation range. The $150 level remains a major, well-tested support, and a loss of this zone would weaken the current structure.

Conversely, sustained holding above $165 keeps the door open for a gradual push toward $185 and potentially $200, provided broader market conditions remain supportive.