Aerodrome Finance (AERO) is currently priced at $0.69752, experiencing a 24-hour decline of 3.01%. The daily trading range is relatively narrow at 0.043222%, with a volume of approximately 24.69 million, indicating moderate trading activity.

The short-term moving averages show a bearish trend, with the 8 SMA at $0.7224 down 3.44% and the 13 SMA at $0.7169 down 2.71%. Conversely, the 144 SMA at $0.6897 has increased by 1.13%, suggesting potential support around this level, but the overall momentum remains weak.

The 1-hour RSI stands at 42, indicating that AERO is approaching oversold territory, while the 7-day RSI at 53 suggests a neutral trend. However, both the 7-day and 14-day price changes are negative, at -1.26% and -19.12% respectively, reflecting significant downward pressure over the past two weeks.

Despite a historical all-time high of $2.32, AERO has lost considerable value over the past month, dropping nearly 29%. The volume-to-market cap ratio of 3.93% indicates that trading activity is relatively low compared to the overall market capitalization, which may limit upward price movement in the short term.

Based on the current technical indicators and price trends, the outlook for AERO is bearish in the short to medium term. Given the significant price declines and weak momentum, a Sell rating is warranted, with a recommendation to reassess positions if the price stabilizes above $0.70 or shows signs of a trend reversal.