Will AERO’s Rally Hold? Technical Signs Indicate Potential Breakout

Aerodrome Finance (AERO) is showing bullish signals, with key support near $1.10 and the potential for a breakout towards $1.49-$1.58. The token trades within a falling wedge pattern on the daily chart, a classic sign of potential price increases. A double bottom formation between $1.06-$1.10, breaking through the neckline but awaiting retest, also adds to the bullish outlook. 62.43 RSI and increasing volume provide further support for this move.