Aerodrome Finance (AERO) is currently priced at $0.468843, reflecting a 4.18% decline over the past 24 hours. The price fluctuated between a high of $0.493492 and a low of $0.46078 during this period, indicating a daily range of 0.032712%.

The trading volume stands at approximately 13.87 million, resulting in a volume-to-market cap ratio of 3.23%. The hourly moving averages reveal a mixed trend; the 8 SMA shows a slight upward movement of 0.51%, while the longer-term 144 SMA indicates a significant decline of 12.49%, suggesting bearish sentiment in the market.

The Relative Strength Index (RSI) readings further confirm the weakness, with the 1-hour RSI at 42, indicating near oversold conditions, and the 7-day RSI at 38, reflecting continued downward momentum. Price changes over various timeframes reinforce this bearish trend, with a 7-day price change of -22.58% and a 14-day change of -20.03%.

Despite its all-time high of $2.32 reached on December 7, 2024, AERO is currently trading at a significant discount, which may attract long-term investors if a recovery occurs. However, the current technical indicators suggest further downside risk before any potential reversal.

Given the prevailing bearish trend, deteriorating RSI values, and recent price action, the recommendation is to Hold. Investors should monitor for signs of reversal or stabilization before considering new positions, as the short-term outlook remains weak.