Aerodrome Finance (AERO) is currently priced at $0.577966, reflecting a significant 24-hour decline of 5.93%. The daily trading range is narrow, with a low of $0.574532 and a high of $0.630647, indicating reduced volatility in the short term.

The trading volume of 40,517,978 represents a volume-to-market cap ratio of 7.70%, suggesting moderate liquidity. Short-term moving averages, specifically the 8, 13, and 21 SMAs, indicate bearish momentum with declines ranging from 4.29% to 4.74%, while the 55 SMA shows a smaller decline of 2.58%.

Conversely, the 144 SMA indicates a bullish trend over a longer timeframe, reflecting an increase of 8.62%. The 1-hour RSI is at 33, signaling a potential oversold condition, while the 7-day RSI at 60 suggests relative strength and upward momentum in the medium term.

From a price perspective, AERO has experienced a 29.01% increase over the last week and a 20.52% rise over the past 14 days, indicating positive sentiment. However, the 30-day price change shows a decline of 15.64%, suggesting some long-term selling pressure.

Considering AERO's all-time high of $2.32 achieved in December 2024, the current price reflects a substantial retracement from that peak. Given the current technical indicators and price trends, a Hold rating is advised, as there are signs of potential recovery in the medium term, but caution is warranted due to recent bearish movements.