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Aave price nears $200 after strong rally and token burn plans spark bullish momentum.

Technical Signals
02 Oct 2026
Crypto news
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Bullish
Aave price nears $200 after strong rally and token burn plans spark bullish momentum.

Aave's price surged to an intraday high of $187.50 on October 2, approaching the key $200 resistance level amid strong bullish momentum supported by positive technical indicators like the MACD and ADX. The rally follows developments including potential token burn plans and the launch of tokenized-stock collateral on Aave V4, which have boosted investor confidence. While immediate resistance at $187.50 and liquidation clusters near $188–$189 could cause short-term pullbacks, a sustained move above these levels could open the path to $200 and beyond. Maintaining support above $175 is crucial to preserve the recent breakout, with deeper retracements possible if this level fails.

Following the recent bullish momentum and token burn talks for Aave, the token is currently trading at Rp3.251.470 on Pluang as of October 2, 2026, 22:51 WIB. The platform shows a strong 1-day gain of 8.12%, with a market cap of Rp50,53 trillion and active trading volume of Rp12,72 trillion. Buy orders dominate at 60%, reflecting ongoing investor interest, while typical holders keep their positions for about 105 days.

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