👋 Welcome to TradeCity Pro!
In this analysis, I want to review the AERO coin for you. This project is one of the well-known DEXs, ranked 84th on CoinMarketCap with a market cap of $727 million.
📅 Daily Timeframe
In the daily timeframe, since the last time I analyzed it for you, the coin has been rejected from its resistance zone and has broken its curved trendline.
✨ With the break of this trendline and the activation of the 0.9802 trigger, the bearish move of this coin has continued, and the price has dropped to around $0.7.
💥 Currently, the price is still sitting on this support zone and has penetrated it twice so far. If this level breaks, the trend of this coin will turn bearish.
🧮 In that case, we can open a short position on the break of this zone. The next support levels are 0.4839 and 0.3096.
📊 For a long position, we can act after the price stabilizes above 0.9802. The main trigger for the bullish trend will be breaking the 1.5$ zone.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
In this analysis, I want to review the AERO coin for you. This project is one of the well-known DEXs, ranked 84th on CoinMarketCap with a market cap of $727 million.
📅 Daily Timeframe
In the daily timeframe, since the last time I analyzed it for you, the coin has been rejected from its resistance zone and has broken its curved trendline.
✨ With the break of this trendline and the activation of the 0.9802 trigger, the bearish move of this coin has continued, and the price has dropped to around $0.7.
💥 Currently, the price is still sitting on this support zone and has penetrated it twice so far. If this level breaks, the trend of this coin will turn bearish.
🧮 In that case, we can open a short position on the break of this zone. The next support levels are 0.4839 and 0.3096.
📊 For a long position, we can act after the price stabilizes above 0.9802. The main trigger for the bullish trend will be breaking the 1.5$ zone.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
💥 Don’t Miss Out!
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Don’t Miss Out!
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.