Multiple premium indicators are flashing sell signals for AAVE on the daily. This confluence of bearish technical factors points to strong downside potential.

Shorting AAVE here looks highly attractive based on the premium indicator readings. However, remember that you need to back up every trade with your own analysis, confirming the logic behind it.

We see confirmation on other indicators as well. Chart pattern analysis gives even more arguments for short at current levels. We will monitor price action closely.