Aerodrome Finance (AERO) is currently trading at $0.313806, reflecting a 24-hour decline of 6.21%. The price has fluctuated between $0.313409 and $0.336464 in the last 24 hours, indicating a daily range of approximately 2.56%, with trading volume at 13,351,383, representing a 4.62% ratio of the market cap.

Technical indicators suggest bearish momentum, as the hourly moving averages show consistent declines across all periods, with the 8 SMA at $0.3195, down 1.80%. The 1-hour RSI is at 33, indicating oversold conditions, while the 7-day RSI of 49 suggests a neutral stance, but the 14-day and 30-day price changes of -1.66% and -37.14%, respectively, point to a longer-term downtrend.

Despite the recent negative price action, the 7-day price change of 1.54% indicates a brief recovery, but it is overshadowed by the substantial 30-day decline. The proximity to the all-time high of $2.32 from December 2024 shows significant unrealized potential, but current market conditions do not support a bullish trend.

Given the current bearish indicators, including the low RSI readings and the declining moving averages, the recommendation is to Hold AERO. This strategy allows for potential recovery if market conditions improve, but a cautious approach is warranted due to the overall downward trend and recent volatility.