Aerodrome Finance: Can AERO target $0.65 after a 22% weekly rally?


Aerodrome Finance extended its uptrend, hiking to $0.6 for the first time since January Aerodrome Finance [AERO] is on a strong upward run. Since holding $0.45 support four days ago, the altcoin has closed at higher highs.
As a result, the altcoin touched a high of $0.60 for the first time since January, then slightly retraced. At the time of writing, AERO was trading at $0.58, up 4.85% on the daily charts, adding to its 22% weekly surge.
What do Aerodrome's charts suggest?
AERO charts continued to show relative strength, with the uptrend holding strong. In fact, the altcoin held the $0.45 level as buyers returned with strength.#
#gStocksTokenizedStocksLive #WeakNFPShakesRateHikeOdds #PredictWorldCup🇧🇷vs🇳🇴 #ETHBreaks1700 #MetaSellsComputeTriggersChipSlump $AERO $AERO
AERO-2.25%
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SushiRebalance
· 2h ago
The leading DEX on Base, TVL has been rising, it's normal for the token price to lag and catch up.
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StakingDaydream
· 2h ago
$0.58 is a bit awkward—if I don’t chase, I’m afraid of getting left behind by the move; if I do chase, I’m afraid of a pullback.
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GateUser-470bc925
· 2h ago
Aerodrome’s ve(3,3) model can indeed lock liquidity, and in the long run it’s more stable than shady, low-quality coins.
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GateUser-a9315d81
· 2h ago
The technicals are indeed strong, RSI hasn't overheated yet, volume-price coordination is OK, and the 0.65 probability is not small.
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GateUser-0fdb3438
· 2h ago
0.6 is the previous high resistance level, now it's support. If it holds, the next target is 0.75 or even 0.8.
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MarginMarmot
· 3h ago
A 22% weekly gain is quite impressive in a bear market, but don't FOMO; setting a stop loss is more important than anything else.
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