📣 Analyzing the AERO coin!
The $0.47–$0.51 level, having been broken, now serves as a key support zone where active interest from major players is expected during pullbacks. This creates an opportunity for further growth, provided the price remains above this area.
Aggressive buying of AERO tokens, followed by locking them into veAERO NFTs, is reducing market supply—a factor that could support price appreciation. Currently, around 50% of all tokens are locked, creating scarcity that may positively impact the price.
Resistance at the $0.60 level continues to exert downward pressure on the price. Breaking through this mark would pave the way to the next target range of $0.70–$0.80, signaling further upward momentum.
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Forwarded from 𝕍𝕀ℙ 𝕊𝕔𝕒𝕝𝕡𝕚𝕟𝕘 𝕊𝕖𝕤𝕤𝕚𝕠𝕟𝕤 🔐
