The recent surge in the price of AERODROME FINANCE (AERO) has caught the attention of traders following its breakthrough of a multi-month resistance.
Breakout from Ascending Triangle
Technical analysis of the AERODROME FINANCE price reveals that the token has broken out of an ascending triangle pattern, which had been forming since March. The price repeatedly tested the $0.81 – $0.82 resistance zone before breaking it with a strong daily candle and increased volume.
This breakout projects a measured move to approximately $1.53, aligning with a historical resistance level. A continuation of momentum could push the price towards $2.88, marking a new all-time high for AERO.
Rumors of Base Integration
Social media speculation has intensified following a tweet from Nick, suggesting AERO could be selected as the primary DEX for integration into Coinbase’s Base network. The tweet noted that "a major Base announcement is coming today," implying potential benefits for AERO.
While no official confirmation has been made, the timing of the breakout has attracted attention to the possibility that AERO may play a significant role in the Base ecosystem.
Potential for Achieving ATH
The breakout above long-standing resistance shifts market focus to the $1.53 and $2.88 levels. The current price structure suggests AERODROME FINANCE may be in the early stages of a broader move if support levels hold. Traders are closely watching volume, price confirmation, and updates from the Base team, as a partnership could provide a fresh narrative for continued price discovery.
The recent price breakout of AERODROME FINANCE and rumors of integration with Coinbase make it one of the most discussed tokens in the DeFi segment. Traders will monitor market developments closely.
