AERO Bulls Gain Momentum as Price Surges 12%

Aerodynamic Finance (AERO) has staged a sharp recovery over the last 24 hours, rising by 12% after facing heavy rejection around the $0.72-$0.82 imbalance zone.

The rally came after buyers stepped back in and drove AERO's price up, shifting short-term momentum back in favor of the bulls.

This bullish advance was not only driven by spot buying but also derivatives data, which could be evidence of growing confidence among traders.

According to TradingView, the Futures market has turned bullish, with a total Open Market exposure of $38 million after an 11% spike.

The long positions in the Futures market now account for around 65% of total market exposure, suggesting that most traders are positioning themselves for further upside rather than another pullback.