Aerodrome Finance (AERO) is currently priced at $0.817703, reflecting a 24-hour decline of 1.61%. The price has fluctuated between a high of $0.837721 and a low of $0.751613 within this period, indicating a daily range of 0.086108%.

The trading volume over the last 24 hours stands at 58,513,579, contributing to a market cap volume ratio of 7.87%. Short-term moving averages show a bullish trend with the 8 SMA at $0.7741 (+5.63%), 13 SMA at $0.7873 (+3.86%), and 21 SMA at $0.7973 (+2.55%), whereas the 144 SMA at $0.8269 is trending negatively at -1.11%.

The 1-hour RSI of 52 suggests a neutral momentum, while the 7-day RSI at 47 indicates bearish sentiment over the past week. Notably, the price has seen significant declines over various time frames, with a 7-day change of -19.87% and a 14-day change of -7.57%, signaling ongoing selling pressure.

Given the proximity of the current price to the 21 SMA and a lack of strong bullish indicators in the RSI metrics, the market sentiment appears cautious. However, the recent volume and short-term moving averages suggest potential for upward correction if buying interest increases.

Considering the overall technical indicators, including moving averages and RSI, alongside the recent price action, a Hold rating is appropriate at this time. This suggests that while there may be potential for recovery, investors should monitor market conditions closely before making new positions.