AERO Downtrend dey persist: BOS risk below $0.2725, BTC dey drive
AERO dey trade around $0.30 and e still dey for clear bearish market structure wit lower highs (LH) and lower lows (LL). Earlier signs of short-term bounce and possible CHoCH no change the higher-timeframe bias: price dey below EMA20 (~$0.33) and Supertrend still bearish. Momentum still weak, wit RSI(14) near ~40 and MACD histogram negative.
For AERO, di main catalyst na structure break (BOS):
- Bearish BOS: if daily close fall below $0.2725 e go strengthen di LL sequence and open downside objective near $0.1744. (Earlier levels talk say downside fit escalate if key support around $0.3346 fail.)
- Bullish BOS: if daily close go above $0.3136 e go invalidate di current LH setup and increase chances for HH/HL reversal. Resistance dey near ~$0.38, wit potential upside target around $0.4169 (and earlier resistance zones mentioned $0.3673 and $0.4544 if reversal gain traction).
Short-term price fit consolidate near $0.30, but trade bias remain bearish unless AERO reclaim resistance. Weekly (1W) profile wit multiple resistance levels make bullish BOS harder.
BTC na di main risk factor for AERO. If BTC break down below nearby supports (around ~$68,152 per latest view; earlier articles mention weaker levels like ~$66.25k/$62.97k), probability say AERO go break $0.2725 increase. On di other hand, BTC stabilization/recovery fit support AERO toward bullish BOS levels.
Bearish
Both updates agree say AERO tight higher-timeframe structure still bearish: EMA20 dey above price, Supertrend still bearish, and momentum weak (RSI near neutral–bearish and MACD negative for the latest view). The earlier bounce/CHoCH try dem consider insufficient to flip the trend.
Traders dem go therefore focus on the same AERO structure-break levels. If daily close under $0.2725 e fit trigger continuation downward, while bullish scenario go only improve after AERO reclaim $0.3136 and then clear resistance near ~$0.38.
Finally, BTC na di main transmission channel. If BTC break down, e go increase sell pressure on AERO and quicken the move towards the bearish BOS target region; BTC stabilization go be the main near-term tailwind for any reversal attempt.