Aave's positioning is worth a closer look.
Aave is pressing upward but the story is in positioning. Open interest dropped 8.66 percent over 24 hours as price firmed, while funding is positive at 4.25 percent annualized. That's longs clearing out while spot holds steady, typical of a squeeze unwinding or traders losing conviction. The nearby support is 91.607, with resistance close at 91.807. Below that, 90.67 is the watch-under level if this range really starts to give way.