🛩 #AERO is about to land
On a local level, there has been a correction in the Aerodrome chart. Currently, this correction is approaching its end.
On the 4-hour time frame, a "bullish wedge" 🐂 is forming. This is a result of the slowdown in the decline, caused by strong support around ~$0.460 and ~$0.495.
Additionally, a bullish divergence of the RSI is forming on the last two lows. This indicates a high probability that the price will rise.
In the future, I expect a gradual increase towards the range between ~$0.551 and ~$0.563 🎯. Before the upward movement begins, the price may consolidate a bit more in the support area.
👑 #Aero #TrendingTopic #TrendingPredictions #TradingSignals #trading