aerodrome

Aerodrome Finance moved higher as the new year starts. The altcoin jumped eighteen percent reaching sixty three cents after holding the key support at forty cents. This rally erased much of the losses from December and brought the price to a local high of fifty nine cents before easing slightly.
At the time of writing AERO was trading at fifty five point eight cents marking a strong daily gain. Trading volume rose seventy percent and market capitalization increased seventeen percent showing more activity on the blockchain.
The recovery was driven by dip buyers. After AERO tested forty cents the project team conducted buybacks which encouraged traders to return. Aerodrome Finance purchased and locked nine hundred forty thousand tokens as part of its programmatic market-aware buyback strategy. This move attracted other buyers to purchase the altcoin at lower prices.
Across the spot and futures markets buyers stepped in. On the spot market the altcoin recorded twenty seven point one million in buy volume compared to twenty four point two million in sell volume. This created a positive delta of two point nine million showing aggressive spot accumulation. Exchange activity supported this trend. Spot outflows increased to four point zero six million while inflows dropped to two point nine million. This lowered netflow to negative one point sixteen million which often signals increased accumulation. More spot buying reduces supply and can boost upward momentum in the price.
Futures market activity also turned bullish. Open interest rose thirty two percent to thirty five point four million while derivatives volume jumped ninety two percent. Rising interest and volume together indicate higher participation in futures trading. Capital flowed into futures reaching thirty seven point six million and the long short ratio moved to one point zero showing higher demand for long positions. This signals that traders are optimistic and expect further gains.
Momentum indicators support the rally. The Relative Strength Index jumped to fifty four and then settled at fifty indicating buyer strength. The altcoin moved above its short-term EMA20 suggesting upward momentum. It was also testing EMA50 at sixty one cents. If buyers hold this level it could confirm the trend and open the way toward seventy three cents. If sellers take profits the price may fall back below fifty cents.
Aerodrome Finance rallied as buyers defended the key support level and stepped into both spot and futures markets. The token buyback helped attract more participation. The current price action shows strong momentum but future gains will depend on continued buying pressure.
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