Aave slides 13.34% as governance dispute and bearish charts weigh on AAVE price

Over the past week, Aave's AAVE token dropped 13.34% while a governance dispute over fee revenue between Aave Labs and the DAO continued. Price action on higher timeframes showed a persistent downtrend, with key resistance levels near $160, $171.85, $187.58 and a local high at $207.1. Indicators on the 4-hour chart signaled waning bearish momentum and strong buying pressure, suggesting a possible short-lived bounce before any broader recovery.