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Mr.Abrash

08/11 01:21

Aerodrome Finance [AERO] extended its breakout ral

Aerodrome Finance [AERO] extended its breakout rally this week, surging from under $0.80 to highs above $1.25 before easing to $1.17.

The token’s rapid hike pushed the RSI into overbought territory at 70.9. All while bullish momentum remained firm on the MACD.

Its price action has stayed well above both the 9-day and 21-day EMAs – A show of strong short-term support despite today’s mild pullback. The rally capped off a week of intense buying interest, with volumes spiking alongside the move.

Keeping optimism high is news of DEX trading going live on the Coinbase app in the U.S. – A change analysts say could channel most of the trading flow through Aerodrome Finance.

As one X user put it,

“If you were paying attention, this isn’t news for you. If you weren’t, you still can.”
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