$AERO hit a new 24-hour high; current price: 0.8522, previous high: 0.8426.
After a new high, three common patterns are:
① Pull back to the previous high, hold, then move up another level: the healthiest scenario
② Choppy action around the previous high: rotation; watch for direction
③ Drop straight back below the previous high and fail to reclaim it: a false breakout
For now, price is above the previous high. Watch whether it follows ① or ②.
#AERO
Stay calm; don't get carried away.
After a new high, three common patterns are:
① Pull back to the previous high, hold, then move up another level: the healthiest scenario
② Choppy action around the previous high: rotation; watch for direction
③ Drop straight back below the previous high and fail to reclaim it: a false breakout
For now, price is above the previous high. Watch whether it follows ① or ②.
#AERO
Stay calm; don't get carried away.