Aerodrome Finance (AERO) shows a bullish pattern breaking above the downtrend resistance level, but the trend remains uncertain due to divergence in key momentum indicators. Despite a 46% surge in trading volume to $41.7 million, the accumulation/distribution indicator remains in the negative zone, indicating that selling pressure exceeds buying pressure. The Average Directional Index (ADX) is also trending downward, suggesting weaker momentum behind the price increase. Community sentiment reflects growing caution, with the bullish voting rate dropping from 96% to 90%.
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Aerodrome Finance (AERO) shows a bullish pattern breaking above the downtrend resistance level, but the trend remains uncertain due to divergence in key momentum indicators. Despite a 46% surge in trading volume to $41.7 million, the accumulation/distribution indicator remains in the negative zone, indicating that selling pressure exceeds buying pressure. The Average Directional Index (ADX) is also trending downward, suggesting weaker momentum behind the price increase. Community sentiment reflects growing caution, with the bullish voting rate dropping from 96% to 90%.