🚀 AERO Soars Past Critical Resistance as Futures Open Interest Hits All-Time High

AERO just pulled off the crypto equivalent of a mic-drop moment—shattering a key resistance level while futures open interest screams 'to the moon' at record highs. Bulls are partying like it's 2021, but let's see how long the champagne flows before Wall Street 'discovers' this and ruins the fun.

Technical Breakout or Trap?

The charts don't lie—price action just yeeted past a make-or-break zone. Meanwhile, derivatives traders are piling in like this is the next SOL, with open interest hitting numbers that'd make a VC drool. Liquidity's building, but anyone remember how this movie ends?

Futures Frenzy

Open interest at ATH? Either the smart money knows something we don't, or we're witnessing the crypto version of FOMO bingo. Pro tip: watch for leverage liquidations—nothing tanks a rally faster than overzealous degens.

So is AERO legit or just the latest shiny object? The tape says breakout, but in crypto, even 'resistance levels' sometimes take coffee breaks. Trade accordingly—and maybe keep one finger near the sell button.

AERO price technical analysis

The AERO token price surged to the highest point since February as crypto.news predicted hereThe price moved decisively above the $0.8010 resistance level—coinciding with the 23.6% Fibonacci retracement, and also cleared the upper boundary of an ascending triangle pattern, a widely recognized continuation signal.

AERO price has moved above the 50-day Exponential Moving Average, while the Relative Strength Index has pointed upwards and is nearing the overbought level. 

Given these conditions, AERO is likely to maintain its uptrend, with bulls targeting the 50% Fibonacci retracement level at $1.3170, about 41% above current levels. A drop back below the triangle’s upper boundary WOULD invalidate this bullish outlook.