Aerodrome Finance is a leading DEX on the Base blockchain, processing billions in monthly trading volume.
The AERO price has rallied from a low of $0.2963 in April to $0.80 as of June 27. It has formed an ascending triangle pattern and is hovering near the 23.6% retracement level. A mini golden cross, where the 50-day moving average crosses above the 100-day MA, has formed, a bullish signal. If momentum holds, the next target is the $2 resistance level.