Aerodrome Finance (AERO) is currently trading at $0.70042, reflecting a 4.14% increase over the past 24 hours. The asset has demonstrated a daily trading range of $0.075331, with a high of $0.745309 and a low of $0.669978, indicating some volatility within the day.

The trading volume of $57,649,010 corresponds to a volume-to-market cap ratio of 9.09%, suggesting moderate liquidity. Technical indicators show mixed signals, with the 8-period SMA at $0.7040 indicating a slight downward trend of -0.51%, while the longer 55-period SMA shows a stronger upward momentum at +4.46%.

The Relative Strength Index (RSI) readings are 53 for the hour and 50 for the week, indicating neutral momentum in the short term. However, the 7-day price change is down by 4.70%, and the 30-day price change shows a more significant decline of 10.50%, suggesting bearish sentiment over the longer term.

Despite the recent 24-hour uptick, AERO's longer-term trends reveal a consistent downtrend since the all-time high of $2.32 reached in December 2024. The current price is approximately 70% below that peak, which raises concerns about the asset's recovery potential.

Given the current analysis, the recommendation for Aerodrome Finance (AERO) is to Hold. The short-term positive movement is encouraging, but the longer-term bearish trends and mixed technical indicators suggest caution. Maintaining positions may be prudent until clearer bullish signals emerge.