AERO Price Analysis: Bullish Momentum Builds as Open Interest Surges
Aerodrome Finance (AERO) has rebounded by 12% following a recent price correction, with market sentiment shifting back to bullish. Data from Santiment shows an 11% increase in Open Interest, reaching $38 million, while long positions account for approximately 65% of total market exposure. Additionally, whale activity in both spot and futures markets suggests growing conviction, with traders now eyeing the $0.95 imbalance zone as the next potential target.
Summaries are written by AI from the original article. Not investment advice.