AAVE Eyes Recovery to $400 as DeFi Activity Strengthens
Aave (AAVE)
Editor:
Eugene Serbin
Tronweekly reports that AAVE price is strengthening its higher-low structure, signaling a broader recovery as key resistance levels are reclaimed. Analyst Giannis Andreou describes the token as "The ghost is waking up," noting that gains could follow once resistance is taken back. He identifies the $150-$170 range as the first critical test, with a weekly close above $170 adding credence to the bullish setup.
If that support holds, the path opens toward $190-$210, then $240-$280, before potentially reaching $350-$400. Conversely, a drop below $100 would make the $50-$70 range relevant for further selling. Technical analysis shows AAVE rallied from $138.78 to $138.98 and is currently trading above its 20-day moving average of $131.65.
Bollinger Bands indicate high volatility, with the top band at $147.76 and the bottom at $115.54. Momentum indicators show a decrease, with the MACD histogram at 0.91, suggesting consolidation may precede the next rally. Market data from Coinglass reveals AAVE trading volume grew 50.18% to $657.74 million, while open interest fell 4.30% to $343.76 million. Additionally, Aave V4 deposits on Avalanche exceeded $30 million, supporting the ecosystem's growth.
How the market reacted
Whalio's own Binance spot order flow for AAVE, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio data shows AAVE trading at $138.98 with a 24-hour buy ratio of 46.4%, indicating that selling pressure slightly outweighs buying. The 1-hour buy ratio is 45.9% and the 4-hour ratio is 46.5%, showing consistent but weak buyer participation across short timeframes. Volume delta is negative across all periods, with -$2,502,357 in the last 24 hours, meaning more volume was sold than bought. The CVD closed at -$147,158, confirming net outflow from spot markets. Only 15 out of 24 hours saw net buying, suggesting buyers are not currently dominating the flow. This negative delta indicates that despite the positive technical outlook, immediate market participants are net sellers.
The latest daily buy ratio of 49.4% sits at the 46th percentile of the last 323 days, against a median of 49.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for AAVE, averaged over the days leading up to the story.
Over the preceding week, AAVE saw a 7-day average buy ratio of 51.2%, compared to the current 24-hour ratio of 46.4%, a drop of 4.7 points. This week also saw a 16.2% price increase over 8 days, with total volume delta positive at $1,614,859. Today's volume is 1.71 times the weekly average, indicating heightened activity despite lower buy ratios. While the weekly trend remains net buying with 5 of 7 days positive, today's flow is unusually bearish relative to the recent weekly average. This contrast highlights a shift from broad weekly accumulation to short-term distribution.