🚨 $AERO | OUR SUPPORT BROKE! WHAT’S NEXT BEFORE THE MERGER?
📉 Price: $0.8772 | Down 5.6% in 24H
Remember our previous AMAGE watchlist?
We highlighted $0.90 as critical support and $0.873 as the next downside level.
HERE’S WHAT HAPPENED:
✅ $0.90 support broken
✅ Price dropped below $0.873
📉 New local low: $0.8550
⚠️ Buyers pushed price back above $0.873, but recovery remains unconfirmed.
CURRENT MARKET STRUCTURE
• Daily trend: Still bullish
• 4H momentum: Bearish
• 4H RSI(6): 29.16 — near oversold territory
• Open Interest remains elevated
• Top traders: 66.36% Long positions
• Top trader accounts: 68.99% Long
Long positioning remains dominant despite the correction.
AMAGE WATCH ZONES
🛡️ $0.8550 | Critical support
Below $0.8550 | Risk toward $0.8264
🎯 $0.8913–$0.9000 | First recovery zone
$0.9175–$0.9400 | Stronger recovery confirmation
$0.9730–$0.9926 | Major resistance
MAJOR CATALYST APPROACHING
October 21: Aerodrome and Velodrome merger scheduled.
But a major catalyst does not guarantee a bullish reaction. Sell-the-news risk remains.
⚠️ NO CONFIRMED LONG ENTRY YET!
THE NEXT MOVE MATTERS.
Will $AERO defend $0.855 and recover before the merger, or will sellers push the correction deeper?
Follow AMAGE for the next confirmation.
#Aero #defi #BinanceSquare #AMAGE
📉 Price: $0.8772 | Down 5.6% in 24H
Remember our previous AMAGE watchlist?
We highlighted $0.90 as critical support and $0.873 as the next downside level.
HERE’S WHAT HAPPENED:
✅ $0.90 support broken
✅ Price dropped below $0.873
📉 New local low: $0.8550
⚠️ Buyers pushed price back above $0.873, but recovery remains unconfirmed.
CURRENT MARKET STRUCTURE
• Daily trend: Still bullish
• 4H momentum: Bearish
• 4H RSI(6): 29.16 — near oversold territory
• Open Interest remains elevated
• Top traders: 66.36% Long positions
• Top trader accounts: 68.99% Long
Long positioning remains dominant despite the correction.
AMAGE WATCH ZONES
🛡️ $0.8550 | Critical support
Below $0.8550 | Risk toward $0.8264
🎯 $0.8913–$0.9000 | First recovery zone
$0.9175–$0.9400 | Stronger recovery confirmation
$0.9730–$0.9926 | Major resistance
MAJOR CATALYST APPROACHING
October 21: Aerodrome and Velodrome merger scheduled.
But a major catalyst does not guarantee a bullish reaction. Sell-the-news risk remains.
⚠️ NO CONFIRMED LONG ENTRY YET!
THE NEXT MOVE MATTERS.
Will $AERO defend $0.855 and recover before the merger, or will sellers push the correction deeper?
Follow AMAGE for the next confirmation.
#Aero #defi #BinanceSquare #AMAGE