Aerodrome prints a consistent higher low structure, supported by a confirmed Swing Failure Pattern signaling bullish continuation momentum.
Key Fibonacci levels at $1.31, $1.55, and $1.90 perfectly match with trend continuation setups which will attract the attention of technical traders and momentum buyers alike.
AERO continues to show great volume and price action with the shares remaining ever so strongly above trendline support and demonstrating strong conviction by buyers since the reversal in April.
Aerodrome Finance (AERO) continues to gain bullish traction, securing a solid position above its ascending trendline. With a confirmed Swing Failure Pattern (SFP) at the macro bottom and strong volume support, AERO now targets higher Fibonacci levels. Traders are watching closely for potential upside continuation.
Trendline Strength Supports Higher Low Formation
CryptoPulse highlighted AERO’s healthy uptrend, noting a clean higher low structure since April. This trend reflects solid buyer interest.
https://twitter.com/CryptoPulse_CRU/status/1946666151087411430
Additionally, the 3-day AERO/USDT chart confirms a bullish pattern, supported by a textbook Swing Failure Pattern at the bottom. This reversal signal indicates bears were trapped, fueling buyer momentum.
Since the reversal, AERO has printed consistent higher lows. Therefore, the bullish market structure still has not changed. The purchasing side is still sustaining all price declines, a fact that supports the trend line that is strengthening towards the uptrend.
Moreover, current price action at $0.9048 shows resilience. The asset gained 1.56% in the past 24 hours and 16.83% over the week.
Fibonacci Targets Set the Bullish Roadmap
If the trendline holds, the next critical resistance lies at $1.31—aligned with the 0.5 Fibonacci level. This level often draws short-term profit takers and fresh breakout traders.
Above that, the 0.618 golden ratio at $1.55 could serve as a strong magnet for continuation buyers. This level typically attracts substantial volume during bullish phases.
Additionally, the $1.90 mark, near the 0.786 Fibonacci level, remains the final stretch. However, sellers may show up aggressively here.
The path forward likely includes a healthy pullback before another surge. Hence, swing traders may find high-probability setups within this structure.
CW (@CW8900) added further insight, pointing out a thin sell wall at $1.03. Besides, the next resistance bulk begins at $1.15, offering a clear corridor for price to climb.
https://twitter.com/CW8900/status/1945496382321967171
Downside Risk Remains Despite Strong Structure
Despite the bullish setup, risks remain. A breakdown below the ascending trendline—currently around $0.85—would invalidate this structure.
Consequently, price could retest the SFP lows or dip to form new lower levels. Hence, traders must remain alert to trendline reactions and volume shifts.
Overall, Aerodrome’s bullish structure appears technically strong. So long as the trendline holds, targets of $1.31, $1.55, and $1.90 stay valid.
The post Aerodrome (AERO) Maintains Bullish Structure, Eyes Breakout to $1.55 and Beyond appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
