AEROUSD Analysis : Eyeing the Next Target of $1.65
#Aerodrome #Aero #Crypto2025Trends #BinanceSquareFamily #Write2Earn $AERGO Key Highlights :
Trend : AEROUSD is in an upward trend.
Support Levels : $1.30, $1.44, and $1.51 – key levels holding the price upward.
Immediate Resistance : $1.65 – the next target based on the trend analysis.
Technical Analysis :
The price movement shows a series of higher lows and higher highs, confirming a bullish trend. The key support zones at $1.30, $1.44, and $1.51 have consistently held, providing a strong base for further upward movement.
Resistance Levels :
$1.65 : This is the immediate target, where sellers might re-enter.
A breakout above $1.65 could push the price further into higher zones.
Volume Analysis :
A gradual increase in volume during the upward moves supports the ongoing trend.
Pro Tip :
Monitor price action closely at $1.65. A consolidation above this level could signal further bullish momentum. Avoid chasing the price; wait for confirmations.
Advice to Investors :
Entry Points :
Consider entering near support levels like $1.51 for better risk-reward ratios.
Exit Strategy :
Partial profit-taking around $1.65 is advised to mitigate risk.
Keep trailing stop-losses below the $1.51 support level.
Risk Management :
Maintain a risk-reward ratio of at least 1:2 for sustainable gains.
Conclusion :
AEROUSD is maintaining its bullish trajectory, with $1.65 as the next key target. Support levels remain strong, and increased volume during upward movements reinforces positive sentiment.