Aave fell 2.87% to $128.36 on Binance spot on November 3, 2026, trading below its 7-, 20-, and 50-day moving averages while Binance Futures open interest contracted 2.10% alongside the decline — a ...

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AAVE closed November 3 at $128.36 on Binance spot, with the session carving a range between $123.90 and $133.07. The position relative to the moving average stack is unambiguous: every short-term and medium-term average sits overhead. The SMA 7 at $129.44 is less than a dollar above current price; the SMA 20 at $140.84 and SMA 50 at $150.37 are progressively further out. The EMA 12 at $134.26 and EMA 26 at $141.48, derived from the same Binance spot daily data, confirm the same arrangement through a different smoothing lens. The sole exception is the SMA 200 at $108.35, which AAVE trades roughly 18.5% above.

That gap preserves a longer-term trend baseline that the current drawdown has not yet broken. The distance traveled from where AAVE last held the SMA 50 (~$150) has been meaningful, but the multi-month floor is still intact. Those two facts coexist: the short-term structure is broken; the longer-term structure is not. Which one dominates from here depends on how price behaves at the levels now directly in play.

67, sourced from the Binance spot dataset, sits in neutral territory by the supplied classification but is drawing close enough to 30 that another leg lower would push it into conventionally oversold conditions.

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