Aerodrome Finance's AERO token briefly climbed to $0.525 following its spot listing on Binance, which added trading pairs against USDT, USDC, and the Turkish Lira. However, the price declined 14.3% over the next 36 hours, reflecting ongoing bearish momentum.
In the past 24 hours, AERO's price dropped 7.5%, accompanied by a 22.5% decrease in daily trading volume. The token has been in a downtrend since November 2025, with repeated failed attempts to break resistance levels at $0.555 and $0.632 earlier this year.
Technical indicators show a declining On-Balance Volume and RSI over the last ten days, signaling weakening momentum. A close below $0.449 on the 4-hour chart would confirm bearish structure, prompting traders to consider selling or awaiting a minor bounce.
The $0.450 support zone has attracted some buying interest recently, with a rise in cumulative volume delta suggesting potential for a short squeeze. However, open interest remains flat, indicating no significant short selling pressure at this time.
The token's future depends on whether the $0.450 support breaks or holds; a sustained drop below this level would reinforce bearish sentiment for swing traders.
This material is for informational purposes and does not constitute financial advice.
