🚀 AERO/USDT Technical Analysis & Trade Setup 🚀
Current Price: $1.17816 (-3.03% decline)
Key Levels:
· 🔴 Resistance: $1.27369 | $1.43562 | $1.57877
· 🟢 Support: $1.10079 (SAR level) | $1.04310 | $0.94182
Chart Analysis: AERO is showing bearish momentum with a 3%decline, currently testing near the SAR support at $1.10079. The price is trading below multiple resistance levels, indicating selling pressure remains dominant.
Volume & Momentum:
· Trading Volume: 442K (moderate)
· MA(5): 16.44M vs MA(10): 15.88M → Slight bullish crossover but needs confirmation
Trade Strategy:
· SHORT if price breaks below $1.10079 (SAR) with target at $1.04310
· LONG only if reclaims $1.18848 with target at $1.27369
Risk Management: Stop loss essential above$1.18848 for short positions. Market cap of $1.06B shows decent liquidity but monitor on-chain holders (655K) for sentiment shifts.
