AERO Token Rises 12% Amid Cautious Optimism

Aerodrome Finance's token, AERO, experienced a 12% increase in value within a single day. According to NS3.AI, despite this rise, the token remains within a broader sideways trading range. Technical indicators and futures data suggest cautious optimism among investors. A critical resistance level is identified at $0.351, which, if surpassed, could lead to a short squeeze. However, if AERO fails to break this resistance and falls below $0.292, it may indicate weakening momentum and potential downside risks.