AERO flexes a 22% weekly pump and pokes $0.60 — chart now whispers "$0.65?" 🚀

Aerodrome Finance [AERO] extended a sharp rally after holding the $0.45 support level four days ago, closing in a sequence of higher highs. The token reached $0.60 for the first time since January before a modest pullback. As of writing, AERO traded at $0.58, up 4.85% on the daily chart, adding to a 22% weekly gain.

Momentum indicators reinforced the move. The Relative Strength Index formed a bullish crossover and climbed to 67, while the DMI Modified indicator jumped from 6 to 19, signaling a meaningful directional shift.

Derivatives activity tracked the price action. AERO's Open Interest rose 10% to $56 million over the past day, with July's OI expanding by more than $13 million as new positions opened. Spot markets showed a parallel pattern, with buyers displacing sellers since July 2. According to Coinalyze, AERO recorded 18.6 million in buy volume versus 15.8 million in sell volume over the past three days. CoinGlass data showed Spot Netflow falling to -$254,000 from $400,000 the prior day.

The setup now places $0.6 as the immediate hurdle, with $0.65 cited as a short- to medium-term target if the rally holds. A failure to close above $0.6 would weaken the uptrend and risk a slide toward $0.5 and the $0.46 base from which the current advance began.