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The Aerodrome Finance price surged 14% in the past 24 hours to trade at $0.6131 as of 12:24 a.m. EST, with trading volume soaring 379% to $144 million.
Aerodrome Finance Price Bounces Off Support, Aims For A Sustained Rally
The AERO price chart on the 3-day timeframe shows that the asset has been on a recovery attempt after a prolonged downtrend.
Aerodrome Finance price action shows a strong bullish candle pushing above the $0.60 level, currently trading at $0.6131.
This move comes after a sustained downtrend from its prior highs, forming a potential double bottom around the $0.50 area, very close to the 0.786 Fibonacci retracement level ($0.5080), which often serves as a strong support in deeper corrections, as GeckoTerminal data shows.
The recent surge has broken a descending trendline and has brought the price of Aerodrome Finance into a critical inflection zone between the 0.618 ($0.9033) and 0.5 ($1.1810) Fibonacci retracement levels. This region is highlighted as a significant resistance zone, with historical AERO price congestion noted by the yellow box on the chart.
However, as a result of the recent downtrend, the price of AERO is now trading below both the 50 and 200 Simple Moving Averages (SMAs), which now act as immediate resistance levels.
Meanwhile, the Relative Strength Index (RSI) is currently at 51.49, slightly above the midpoint of 50. This neutral reading leans bullish as it rises from oversold conditions, suggesting increasing buying pressure without yet being overextended.
AERO Price Bullish Outlook Signals A 76% Surge
AERO appears poised for a potential move toward the $1.08 region. This aligns with the previous structural resistance and the lower edge of the highlighted supply zone.
The projected price movement suggests a potential gain of approximately 76%, targeting the horizontal resistance near the $1.06 level.
However, if the price fails to hold the $0.60 breakout level, a return to the $0.50–$0.52 support area remains likely.
Meanwhile, opportunistic investors are redirecting their funds to a new ICO called Snorter Token (SNORT). According to 99Bitcoins, a popular YouTube channel with over 723K subscribers, SNORT could soar 10X on launch.
Snorter Token Presale Raises Over $874K: Best Meme Coin To Buy?
Snorter Bot is an exciting new crypto trading bot designed to snipe and swap tokens, as well as copy trade and more, all right from Telegram.
It’s incredibly adept at navigating token launches to stay ahead of MEV bots and whales, and it has an 85% success rate at identifying rug pulls.
In slightly more than 2 weeks, the Snorter token has raised more than $874K, as investors pile on.
Snorter Bot beats all the competition in terms of fees as well. By simply holding the SNORT token, traders reduce their execution fees from 1.5% to 0.85%, undercutting other Telegram bots.
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— Best Wallet (@BestWalletHQ) May 28, 2025
Early investors can also stake their tokens for a massive 328% APY, though that number drops as more buyers jump in.
The presale, live at the Snorter Token website, is selling the token for $0.0949, and investors can buy SNORT tokens with SOL, ETH, USDT, or a bank card.
Interested investors should act before a price hike in less than 2 hours.
Check out the Snorter Token website.
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