$AERO is up 12.97% today, but I’m more interested in what happens after the 0.5497 high.
On the 15m chart, price has pulled back from that peak and is now around 0.5382, sitting just below the Bollinger mid-band at 0.5413. That’s the part I’m watching, because the move is still strong, but short-term momentum is starting to cool.
If $AERO reclaims 0.5413, buyers could show they’re still in control. If it stays below and loses 0.5310, the lower Bollinger Band becomes the next area to watch.$AERO
On the 15m chart, price has pulled back from that peak and is now around 0.5382, sitting just below the Bollinger mid-band at 0.5413. That’s the part I’m watching, because the move is still strong, but short-term momentum is starting to cool.
If $AERO reclaims 0.5413, buyers could show they’re still in control. If it stays below and loses 0.5310, the lower Bollinger Band becomes the next area to watch.$AERO