Aerodrome Finance ($AERO )

The price of AERO has increased by 51% over the past week and currently stands at $1.17. The altcoin faces resistance at the $1.21 level, which it has not yet been able to overcome. A successful breakthrough of this level could continue, but the market remains cautious at this key level.

The exponential moving averages (EMA) formed a 'golden cross' at the end of July, indicating bullish momentum. This pattern could push AERO above the resistance at $1.21 with a target at $1.35.

If AERO fails to break through the $1.21 level, the altcoin may decline. Failure to overcome this resistance threatens to lead to a price drop to $1.00, negating recent gains. Such a move would invalidate the current bullish outlook and indicate a potential reversal in price direction.$PROVE $NOT