AERO Holds Key Level as Bullish Path Gains Momentum
According to crypto analyst Rekt Capital, AERO is following a bullish trajectory after reclaiming a critical support zone. The asset recently retested the green demand area in volatile fashion, briefly closing below it on the weekly chart before reclaiming the level and launching into a rally.
The rebound has been strong: AERO has surged 63% from the green zone and 22% since initiating its latest move along the green path outlined in prior analysis.
This upside followed a successful weekly close above the crucial $0.71 level, which triggered the current advance toward higher levels.
Rekt Capital notes that AERO is now operating within a defined range between $0.71 and $0.96. Holding above $0.71 is essential to preserving this blue-blue range and maintaining momentum. If the current retest of $0.71 proves successful, the technical setup suggests that AERO could continue toward the upper boundary at $0.96.
So far, the bounce appears to be holding. The +22% move since reclaiming $0.71 indicates strong support, reinforcing the probability of completing the full green path range. Traders will be watching closely to confirm continuation through the $0.96 resistance level.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
