Aerodrome Finance (AERO) is currently priced at $0.398085, reflecting a 2.34% increase over the last 24 hours. The price has oscillated between a low of $0.388549 and a high of $0.408581 during this period, indicating a daily range of 0.020032%.

The trading volume stands at 21,091,801, corresponding to a market cap volume ratio of 5.79%. This relatively low volume compared to the market cap suggests potential liquidity issues, which could impact future price movements.

Moving averages indicate a bearish short-term trend, with the 8 SMA at $0.3989 showing a decline of 0.20%. However, the 55 SMA has turned bullish at $0.3903, increasing by 1.99%, which may signal a possible support level.

The 1-hour RSI is at 38, indicating that AERO is approaching oversold conditions, while the 7-day RSI at 43 reflects a weak short-term momentum. Both short-term and long-term price changes are negative, with a 7-day change of -9.88% and a 30-day change of -30.82%, suggesting that downward pressure remains.

The all-time high for AERO was $2.32, achieved on December 7, 2024, indicating significant long-term potential if recovery occurs. However, the recent downward trends must be addressed before considering bullish positions.

Given the current data, the recommendation for AERO is to Hold. This rating is based on the oversold conditions indicated by RSI, potential for short-term recovery, and the presence of key moving averages suggesting possible support, despite the overall bearish trend. Caution is advised until a sustained upward movement or a reversal pattern is confirmed.