Aero – Evaluating the reason for facing the bull trap at this level star-news.press/wp

Main meals

The short -term signals were generally difficult for Aero, and the strong demand in August meant that the step that exceeded the show area from 1.3 to $ 1.45 was a possibility. However, the feelings at the market level were silent, and it may be unlikely to be the upness of the upward collapse at the present time.

Aerodrome Finance (Aero) has witnessed an 8.28 % increase in open interest (OI) over the past 24 hours.

Meanwhile, its price increased by only 0.6 % during the past day. This indicated that the feelings between the speculators have turned strongly.

source: Coinalyze

I promised a short -term gathering, but the data also provided a warning signal. The financing rate turned very negative even with the high prices, indicating that more traders were ready to escape.

To add to this confusing mix, Spot CVD has seen a quick leap in the last hours. In general, the bullish signs outperform the declining affairs, but merchants must manage their sites carefully.

Bitcoin (BTC) He was trading near $ 112.4 thousand, at the time of the press, and ETHEREUM (ETH) was also a decline in the past week.

Should the airport financing traders be betrayed on penetration or correction?

Source: aero/usdt on TradingView

Aero managed to place her head over the resistance of 2025 on the price scheme. DMI showed that the strong upward trend was under progress, with +Di and ADX much higher than 20, at the time of the press.

The A/D also highlighted the appropriate purchase pressure in recent weeks, although it slowed down.

Likewise, MFI also declined somewhat, after Aero was unable to violate the $ 1.4 supply zone.

source: Coinglass

The filter’s heat map showed that air financing prices have just swept the liquidity pocket over $ 1.4. Although the additional gains are possible, it seemed likely that the price would be regained about $ 1.2.

With all different signals on different time frames, how do merchants look at the market?

Simply put, the transition to $ 1.2 may not be a declining result. Within a few days, it may save a decline to the area of ​​1.1 to $ 1.2, a chance of purchase.

Meanwhile, the last collapse may be $ 1.45 immediately a bull trap led by liquidity.

Responsibility: The information provided does not constitute financial, investment, trading or other types of advice, which is just the opinion of the writer