Crypto analyst Rekt Capital noted that AERO is following a bullish trajectory, having recovered from recent volatility.
Analysis of AERO Movement
AERO has recently regained a critical support zone and has surged 63% from the green zone. Recent fluctuations briefly brought it below this important level on the weekly chart, but it managed to reclaim its position and initiate a rally.
Key Support Levels
According to Rekt Capital, AERO is now operating within a defined range between $0.71 and $0.96. Holding above $0.71 is essential to maintain current momentum. A successful retest of this level could pave the way for a rise toward the upper boundary at $0.96.
Growth Prospects
Currently, AERO's bounce is showing a stable 22% increase since reclaiming the $0.71 level. This data reinforces trader expectations for the potential continuation of upward movement and overcoming the $0.96 resistance level.
The situation around AERO confirms positive sentiments in the market following the recovery of key levels. Traders are expected to closely monitor further developments.
