AERO Price Faces Further Declines Amid Bearish Charts, $0.474 Support in Sight
The post AERO Price Faces Further Declines Amid Bearish Charts, $0.474 Support in Sight appeared on BitcoinEthereumNews.com.
Aerodrome Finance’s AERO token has experienced a persistent downtrend following its merger with Velodrome Finance under Dromos Labs on November 13. The weekly chart shows a bearish close below $0.717, with key supports at $0.474. Traders should watch for potential selling opportunities on bounces toward $1, as RSI and OBV indicate ongoing selling pressure. Aerodrome Finance AERO merger integrates dominant protocols on Base and Optimism. The merger aims to enhance technical developments, but market confidence remains low amid price declines. Current price analysis reveals bearish momentum, with targets at $0.474 supported by declining OBV since August. Aerodrome Finance AERO faces bearish pressure post-merger with Velodrome. Analyze charts for downtrend signals and key supports at $0.474. Stay informed on crypto trends—explore more insights today. (148 characters) What is the current price trend for Aerodrome Finance AERO? Aerodrome Finance AERO is currently in a bearish downtrend on higher timeframes, with the token closing below $0.717 on the weekly chart, confirming the end of recovery hopes. Short-term targets of $0.82 and $0.74 have been met, and prices have pushed lower, driven by bearish indicators like RSI and OBV. This structure suggests further declines unless a strong reversal occurs above $0.74 with increased volume. How has the Aerodrome Finance merger impacted AERO’s market performance? The merger between Aerodrome Finance and Velodrome Finance, announced under Dromos Labs on November 13, combined leading trading protocols on the Base and Optimism networks, aiming to streamline operations and foster innovation. However, despite the promised roadmap of technical advancements, it has not yet boosted investor sentiment, as evidenced by AERO’s continued price depreciation. According to data from TradingView, the token’s weekly session reflected a bearish push, closing below key support levels. Expert analysts, including those from on-chain metrics platforms, note that while the integration could enhance liquidity in the…
Filed under: News - @ December 4, 2025 4:22 am