AERO Technical Outlook: Downtrend Holds — Key Support $0.2725, Immediate Resistance $0.3118

AERO remains in a clear downtrend, trading around $0.30–$0.32 with 24h volume reported between roughly $8–15M across the two updates. Short-term technicals are bearish: price sits below EMA20 and EMA50, Supertrend is negative, and RSI is near the oversold area (~38–41). AERO shows some short-lived buying signals (rising MACD histogram and on‑balance volume uptick) but the overall EMA structure and Supertrend favor sellers. Key levels: primary support at $0.2725 (weekly demand, historical V-shaped reversal, order blocks and a high-volume node); secondary supports near $0.3054–$0.3195 with volume profile point-of-control around $0.30. Immediate resistance is $0.3118–$0.3350, with stronger barriers at $0.34 (EMA20) and $0.42–$0.55 (weekly breaker/volume gap and EMA200). Liquidity pools and clustered stops are noted below $0.2725, while sell-side liquidity concentrates between $0.3118–$0.34. BTC correlation is high (~+0.85). Analysts flag that Bitcoin direction will likely dictate AERO’s next move: BTC strength above ~68–71k could help AERO reclaim short-term pivots toward $0.34–$0.42; a BTC drop below ~65–66k risks accelerating a slide toward $0.2725. Trading plans and risk: suggested position sizing 1–2% of capital due to elevated volatility (~8–9% intraday). Tactical ideas include (1) long on a confirmed close above $0.3118 targeting $0.34–$0.42 with stop < $0.30, (2) range trades between $0.3195–$0.3350 or scalps while price holds $0.2725, and (3) short below $0.3054 targeting $0.2725 with stop > $0.3118. Expect high volatility and consider tight risk management. This is market commentary, not financial advice.
Bearish
Both updates consistently show AERO trading below major moving averages (EMA20/EMA50/EMA200) with Supertrend bearish and RSI near oversold, indicating the prevailing trend is down. Short-term indicators (MACD histogram, OBV uptick, intraday rebounds) point to transient buying pressure, but they lack confirmation against the dominant EMA structure and significant resistance clusters. High BTC correlation (~0.85) means AERO depends heavily on Bitcoin; if BTC weakens below ~65–66k, downside toward the $0.2725 support is likely. Given clustered stops below that level and notable sell-side liquidity between $0.3118–$0.34, rallies are likely to be capped unless BTC leads a broader market recovery. For traders this implies a bearish bias: favour cautious or defensive positions, tight stops, and small position sizing. Tactical long trades should require clear confirmation above $0.3118, while breaks below $0.3054/$0.2725 increase shorting or risk-off scenarios.