Aerodrome Finance (AERO) is currently priced at $0.669678, reflecting a 24-hour decline of 2.80%. The trading volume for the last 24 hours stands at 15,714,326, which corresponds to a volume-to-market cap ratio of 2.60%, indicating moderate trading activity relative to its market capitalization.

The daily trading range is narrow at 0.02264%, with a 24-hour high of $0.692234 and a low of $0.669594. Short-term moving averages show a bearish trend, with the 8 SMA at $0.6745 down 0.71%, the 13 SMA at $0.6769 down 1.07%, and the 21 SMA at $0.6786 down 1.32%, suggesting continued downward pressure in the near term.

The 55 SMA and the 144 SMA are both significantly higher at $0.6950 and $0.6922, respectively, reflecting resistance levels that AERO has struggled to maintain. The 1-hour RSI is currently at 41, indicating potential oversold conditions, while the 7-day RSI at 49 suggests the asset is nearing neutral territory but lacks bullish momentum.

Over the past week, AERO has declined by approximately 3.40%, with a more significant drop of 22.49% over the last 14 days. The asset has experienced a steep decline of 33.86% over the past 30 days, indicating a longer-term bearish trend that should not be overlooked.

Given the current price near the lower end of its recent trading range and the bearish moving averages, the potential for a rebound is limited in the short term. The all-time high for AERO remains at $2.32, set on December 7, 2024, further highlighting the asset's significant drop from previous highs and the need for a robust recovery strategy.

Based on this analysis, a Sell rating is warranted at this time. The prevailing bearish trend, combined with the declining moving averages and insufficient bullish momentum, suggests that a further price decline is likely before a stable recovery can be established.