Aerodrome Finance (AERO) is currently priced at $0.305695, reflecting a 4.14% increase over the last 24 hours. The daily trading range shows a low of $0.285758 and a high of $0.30681, indicating a moderate volatility of 7.36% in the short term.

The trading volume stands at 17,861,599, which is 6.37% of the market cap, suggesting a healthy level of activity for this asset. The hourly moving averages indicate bullish momentum, particularly the 8 SMA at $0.2899, which has increased by 5.44%, while the 144 SMA reflects a stable level with a minimal change of +0.04%.

The RSI metrics present a mixed picture: the 1-hour RSI is at 64, indicating near-term overbought conditions, while the 7-day RSI at 47 suggests a neutral stance, positioned between overbought and oversold territories. Price changes over longer periods are concerning, with a 7-day drop of approximately 8.58%, a 14-day decline of 26.34%, and a significant 30-day decrease of nearly 49.57%.

Considering the all-time high of $2.32, achieved in December 2024, the current price reflects a substantial retracement and suggests that the market may still be in a corrective phase. Despite recent gains, the longer-term downtrend indicated by price changes warrants caution, especially given the mixed RSI signals and the proximity to resistance levels.

In summary, the current bullish momentum and recent price increase may offer short-term trading opportunities, but the longer-term performance metrics indicate a bearish trend that could pressure prices in the coming weeks. Therefore, the recommendation for AERO is to Hold, as it is prudent to monitor for further signals before making additional investments.