Markets· ★★· bearish·

AERO drops 6.87% to $0.624, tests key support levels

  • —AERO trades at $0.624, down 6.87% on the day
  • —Volume of $78.17M is 22.84% above the 30-day average
  • —RSI at 36.3, bearish MACD, stochastic signals oversold
  • —Down 14.69% over 7 days and 24.77% over 30 days, but up 56.92% year-to-date
Why it matters: The drop below short-term averages on elevated volume points to a correction after a strong run; holding the 200-day SMA will define the next trend.
Source: DiarioBitcoin