$AERO is down ~34% from its Oct 11 high ($0.993). Nearly half of that drop came after Aerodrome and Velodrome went live as one protocol, Aero, on Oct 22.
Now it has a base: three daily lows at $0.659–0.667 (Oct 25–27). Price ~$0.705 (15:15 ICT Oct 28).
Next date: Binance converts VELO into AERO on Nov 3. Circulating supply goes from 1.00B to 1.07B.
Bid $0.670–0.685 (Oct 27 breakout base)
TP1 $0.733–0.740 · TP2 $0.785–0.800
Out: 4H close < $0.655
From $0.6775 (risk ~3.8%): ~2.2–2.4R TP1 / ~4.2–4.8R TP2.
Wilder RSI 1D ~42 / 4H ~50.
Don't chase the bounce. NFA. DYOR.
Now it has a base: three daily lows at $0.659–0.667 (Oct 25–27). Price ~$0.705 (15:15 ICT Oct 28).
Next date: Binance converts VELO into AERO on Nov 3. Circulating supply goes from 1.00B to 1.07B.
Bid $0.670–0.685 (Oct 27 breakout base)
TP1 $0.733–0.740 · TP2 $0.785–0.800
Out: 4H close < $0.655
From $0.6775 (risk ~3.8%): ~2.2–2.4R TP1 / ~4.2–4.8R TP2.
Wilder RSI 1D ~42 / 4H ~50.
Don't chase the bounce. NFA. DYOR.
