- AERO price surged 18.91% as it broke key resistance amid bullish market signals
- RSI and MACD show continued buying strength, though a pullback remains possible
- Short squeeze triggered $820.4k in liquidations, intensifying bullish momentum
Aerodrome Finance (AERO) made headlines today after posting an 18.91% price surge within 24 hours, reaching $0.7365. This rally comes as the broader crypto market consolidates, placing AERO in the spotlight for traders seeking short-term opportunities.
With strong momentum and critical resistance levels in play, the token’s behavior on June 14, 2025, could offer insight into whether this uptrend continues or stalls.
Bullish Breakout Backed by Technicals
AERO recently broke out from a tight consolidation range between $0.65 and $0.67. This breakout lifted prices toward the $0.75 resistance level, a psychologically significant zone that has seen repeated testing.
Furthermore, the local high of $0.775 now stands as the immediate resistance. If AERO can overcome this level with strong volume, it may push toward new local highs.
On the support side, $0.67–$0.68 acts as a crucial base. A drop below this zone may lead to a retest of $0.6221, the recent local low. However, technical indicators remain positive.
‘The Relative Strength Index (RSI) sits at 63.76, indicating strong buying pressure without entering overbought territory. If RSI crosses 70, AERO could experience a short-term top or brief pullback.
Moreover, the MACD indicator supports the bullish sentiment. The MACD line remains above the signal line, and the positive histogram shows bullish momentum, although convergence appears near.
Market Activity and Liquidation Patterns Suggest Short Squeeze
Despite lower trading volume down 16.56% in the past 24 hours the market cap rose by over 19%, now standing at $613.52 million. This divergence points to reduced selling pressure.
Meanwhile, liquidation data reveals an interesting trend. Around $1.0 million in liquidations took place, with a disproportionate $820.4k from short positions. Most of this activity occurred on Binance and Bybit, signaling a short squeeze that forced bearish traders to exit.
This surge in short liquidations may have further fueled the upward movement, suggesting continued optimism among bulls.
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