🔥 $AERO: Critical Test at Key Support Zone! 🧐

Market sentiment is currently cautious following mixed signals from recent global economic updates and geopolitical tensions, prompting traders to watch key support and resistance levels closely. For $AERO, the price is consolidating after a prior rally, which saw a significant surge yesterday due to news of Coinbase app integration, and is now testing an important area. 👀

Key levels to watch for $BTC 🛡️ Support: ~0.55 USDT

⚔️ Resistance: ~0.65 USDT (with a notable supply wall between $0.66-$BTC

📈 Long Scenario: A strong bounce holding above 0.55 USDT, confirmed by a break above 0.60 USDT (a recent minor high and short-term moving average resistance area), could target the 0.68-0.70 USDT region. Given the broader market caution and recent volatility, this would be best approached as a spot or low-leverage trade.

📉 Short Scenario: If $AERO decisively breaks and closes below 0.55 USDT, especially with increased selling volume, the next likely target could be 0.50 USDT or potentially lower, aligning with some broader bearish forecasts for the month if strong support isn't found. A leveraged short could be considered if bearish momentum confirms the breakdown.

NFA/DYOR.

#AERO #CryptoTrading #TechnicalAnalysis