Aerodrome Finance (AERO) is currently priced at $0.306813, reflecting a significant decline of 8.90% over the past 24 hours. The daily trading range has been tight, fluctuating between a low of $0.305593 and a high of $0.340412, suggesting reduced volatility and market interest.

Volume has reached 12,458,250, contributing to a volume-to-market cap ratio of 4.42%, indicating a moderate level of trading activity relative to its market capitalization. However, the moving averages present a bearish picture, with the shorter-term averages (8 SMA, 13 SMA, 21 SMA, and 55 SMA) all indicating negative momentum, while the 144 SMA shows a slight upward trend, possibly indicating a potential bottom.

The 1-hour RSI is critically low at 11, suggesting that the asset is significantly oversold in the short term, which may lead to a corrective bounce. In contrast, the 7-day RSI is neutral at 50, indicating that AERO is neither overbought nor oversold in a broader context, although the 7-day price change shows a minor decline of 3.89%.

Over a longer time frame, AERO's performance has been substantially negative, with a 14-day price change of -19.82% and a staggering 30-day decline of -45.58%. This substantial drop reflects ongoing bearish sentiment in the market, compounded by the stark contrast to its all-time high of $2.32 achieved in December 2024, highlighting the current underperformance.

In conclusion, given the recent sharp decline in price, bearish moving averages, and low short-term RSI, AERO appears to be in a strong downtrend. A cautious approach is warranted; therefore, the recommendation is to Hold AERO at this time, observing for potential signs of reversal or stabilization before making further investment decisions.