Is AERO Headed to $1.2? The Road to $0.94 Resistance Looks Wild!

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Key Takeaways

What are the main forces propelling Aerodrome Finance’s meteoric rise?

The surge was spurred by massive whale buying and a 13% jump in token buybacks, signaling that the market’s feeling more confident than ever – and who doesn’t love a good deflationary plot twist? 😏

What could spoil AERO’s rally?

The main risk? The Stochastic RSI is looking ridiculously overbought at 93, and the profit-taking from traders could send AERO tumbling back to $0.86 – a little “reality check,” if you will. 🙄

After bouncing between support and resistance like a trapped pinball, Aerodrome Finance [AERO] did a little victory lap, hitting a two-week high of $0.94 after successfully testing the $0.9 resistance. Talk about an underdog story. 🏆

As of this writing, AERO was trading at $0.90, up 10.53% in the last 24 hours. Volume also spiked 121%, hitting $64 million, making it clear that AERO isn’t just a flash in the pan – it’s got some serious momentum behind it. 🚀

But hold on, what exactly sparked this sudden resurgence?

Aerodrome’s Whales are Hoarding Tokens Like There’s No Tomorrow

After AERO’s price plummeted to $0.7, the whales came out of hiding like they knew a discount was too good to miss. 🐋

These top holders didn’t just dip their toes in, they jumped in with both feet. Over the last five days, they boosted their holdings by a whopping 5.9%, adding up to 1.54 billion tokens. Yep, they scooped up 90.59 million tokens in total. (According to Nansen, not just me, so it’s legit.)

When whales start hoarding, it’s like a big ol’ green flag for the market. Bullish vibes all around. 💚

The Token Buyback Frenzy

After six days of price drops, the AERO team had a brilliant idea: Why not buy back some tokens and kick the market in the right direction? 💡

From the low of $0.6, they’ve turned the buyback volume into a party, pumping it from $289k to $453k. Talk about a comeback!

The buybacks are up 13%, hitting a three-month high. For anyone not in the know, token buybacks are like a big “we got this” sign for the protocol. They’re saying, “We’re not just here for a quick ride – we’re here to stay.” 🏅

This deflationary move shrinks the token supply, making sure there’s less available for people to dump in the short term. It’s like taking a slice of cake and saying, “There’s more for me, sorry!” 🍰

The protocol’s looking healthier than ever, with holder revenue soaring to $1 million before stabilizing at $536k. Not bad, eh?

Buybacks and rising revenue = Holders stay happy, supply stays tight. Prices? Stabilized. 💸

The Profit-Takers Are On the Move

Of course, the moment AERO started making waves, the speculators couldn’t resist cashing out. Some of them are in it for the quick buck, and they weren’t about to miss this chance.

As AERO surged, the Spot Netflow started looking healthier than a marathon runner. In fact, it’s been positive for four consecutive days. But hold on, the netflow dropped from $618k to $11k, so things are shifting. 💰

More inflows = More selling pressure. It’s the market’s equivalent of too many cooks in the kitchen. Things could get messy. 😅

Can AERO Keep It Together?

Right now, AERO’s Stochastic RSI is off the charts at 93. Overbought territory, anyone? It’s like the market’s saying, “We love you, but maybe chill for a second.” ⏸️

When things go overbought, volatility is usually just around the corner. But don’t worry, this can hang out for a while before taking a dive.

If buyers keep on buying, and AERO sticks to its deflationary guns with those token buybacks, we could see it smash through the Parabolic SAR at $0.94.

If that happens, $1.2 could be just around the corner. But if profit-takers keep up the pace, don’t be surprised if AERO takes a little detour back to $0.86. Buckle up, folks. 🎢

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2025-10-26 15:16