Aerodrome Finance’s AERO token surged nearly 15% in 24 hours as trading volume jumped over 109%, signaling renewed speculative interest. The rally is supported by aggressive spot buying and a 24.69% rise in Open Interest to $19.54 million. However, the token remains constrained within a long-term descending channel, with its next major test at the $0.35893 resistance level.
The native token of Aerodrome Finance has seen a significant price increase alongside a major jump in trading activity. This expansion developed as derivatives activity accelerated with the price appreciation, though the broader structure still reflects a corrective framework.
Buyers have stepped in aggressively, yet macro confirmation has not materialized. Traders are now evaluating whether this rally represents structural stabilization or another reactive bounce within a declining channel. The price continues to trade inside a long-term descending regression channel while reacting between defined horizontal levels.
At the time of writing, the price hovered near $0.3280 after rebounding from the $0.27407 support zone. However, the rebound met resistance at $0.35893, where the prior breakdown structure and recent rejection candles cluster. Directional indicators show internal pressure beginning to rebalance, with the +DI line rising toward a potential crossover above the -DI line.
Spot Taker CVD over the 90 days has flipped into buy dominance, confirming that aggressive participants lift offers instead of placing passive bids. This shift indicates real spot demand supporting the recent rally. The surge in trading volume aligns with genuine buying pressure rather than thin liquidity reactions.
Open Interest jumped significantly, signaling that fresh capital actively enters derivatives markets alongside price appreciation. This rise suggests traders build new exposure rather than merely closing shorts. However, increasing leverage introduces higher liquidation sensitivity if the price stalls beneath the key resistance.
AERO currently stabilizes above $0.27407 while challenging resistance at $0.35893 inside the broader descending channel. Structural confirmation depends on reclaiming $0.35893 and eventually $0.50000. If rejection persists, rising leverage could accelerate another volatility flush toward lower channel support.
