Aave’s chart is almost a case study in rejection this week. After a brief break above $94, it slipped back under, and the latest candle closed at 93.76, just above the 93.64 pivot. The broader on-screen range runs from 91.26 to 95.13, but the key message is not the full span.
It is that 94 failed as a support flip and price dropped back into the lower part of the range. In a quiet market like this, failed breaks often say more than clean breakouts do.
On the chart, Aave is boxed in between support at 93 and resistance at 93.9. Price is trading inside that marked band right now, with the upper boundary back in focus but still not cleared.
That leaves Aave leaning on the next support area here tonight.