AERO Up 21% – Hold $0.842 Support or Pull Back to $0.767?

AERO up 21% – hold $0.842 support or pull back to $0.767? Right now, AERO is consolidating below $0.842, which aligns with the lower boundary of the supply zone that previously triggered a downward impulse. RSI has recovered from an extreme low below 30 to 66.75, while all EMAs are sloping upward, signaling a clear recovery. Does the HH/HL structure remain intact with the potential for a breakout, or is the price preparing for a correction toward the $0.767–0.750 range?

AERO Overall Price Structure

We recently saw a sharp drop to $0.69283, followed by a strong reversal with no deep corrections, confirmed by a series of candles with strong bodies. This allowed the price to break through the $0.75–0.78 range, which previously acted as a key control zone for sellers, but right now we’re observing consolidation.

It can be said that buyers have clearly seized the initiative – but the main question is whether they can hold it. The most recent confirmed high is $0.84267, after which the price entered a horizontal consolidation phase, making this range one to watch closely and approach with caution.

• The impulse from $0.692 to $0.842 has been completed, but the HH/HL structure remains intact.
• The $0.785–$0.767 zone (Fibo 0.382–0.5) is the key area for trend continuation.
• As long as the price trades above this zone, buyers technically remain in control.
• A break below $0.767 would signal a loss of structure, a return to the seller’s interest zone, and a possible test of $0.750 (Fibo 0.618).

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AERO EMA and RSI

• EMA-20 ($0.79369). Sloping upward, with a positive angle, the gap between the candles and the line is widening. This suggests not only a continuation of the current impulse phase but also a lack of critical selling pressure at the moment. Notably, this level nearly aligns with the Fibo 0.236, currently just above EMA-20, and together they form a local support cluster – breaking below it could suggest the end of the impulse. However, a breakdown of EMA-20 with a close below $0.793 may become the first signal of weakening momentum.
• EMA-50 ($0.77773). Also, sloping upward, but the divergence between the line and price is narrowing – a first indirect sign of slowing momentum. Crucially, this EMA was tested during the Fibo 0.382 retest phase ($0.78543) and acted as a dynamic support. It now aligns with the lower boundary of the key HH/HL structure support zone. A breakdown would likely lead to a test of the 0.5 Fibo level ($0.76775), and if the price closes below both, we can speak of a short-term trend break.
• EMA-100 ($0.75419). Still, well below the current price and has not yet been tested during the current impulse. However, it sits near the 0.618 Fibonacci level ($0.75007) and may become a deep retracement zone in the event of a breakdown below 0.5 and EMA-50. Any aggressive move downward toward $0.75 could potentially turn it into a reversal or bounce zone, depending on the market’s reaction.
• EMA-200 ($0.70456). Even further from the price, and remains untested. It coincides with the $0.692–0.705 demand zone, from which the current bullish impulse originated. If the price drops below the 0.786 Fibo level and approaches EMA-200, this could signal a full breakdown of the local bullish structure.

AERO RSI

Having recovered from extreme levels, RSI is now at 66.75 with an upward angle, confirming the impulsive nature of the move. This is near the overheating threshold, but not yet in overbought territory. Currently, the RSI is declining slowly, with no clear signs of impulsive reversal or bearish divergence. A breakout above the 70 with a close above $0.842 could signal trend continuation, while a drop below the MA and the 55 level, along with a breakdown of EMA-20, could act as early confirmation of a correction.

AERO Fibonacci Key Zones

• 0.236 ($0.80731). The Fibo here closely aligns with other levels, in particular this one with EMA-20. The most interesting activity is happening exactly at this level now, where the price has not only broken above it but has also been consolidating above it for more than 9 candles in a row. Holding above 0.236 may indicate that the deep correction hasn’t been realized yet, and this is a short-term support zone. Conversely, a breakdown below $0.807 along with a simultaneous breakdown of EMA-20 may indicate the beginning of a phase shift toward correction.
• 0.382 ($0.78543). This level was tested briefly, after which the market rebounded and continued upward movement. Also note that it coincides with the local low in the current HH/HL, and is also close to the EMA-50 test point. It can be considered a confirmed trend recovery zone, but it doesn’t guarantee its stability. A drop below $0.785 will lead to an active decline toward the $0.767 zone (Fibo 0.5), and most likely to a breakdown of the short-term structure.
• 0.5 ($0.76775). A key technical balance zone between the bullish and bearish side, which forms the lower boundary of the structural channel, and its loss will mean a violation of the upward structure, especially in combination with RSI < 55 and a breakdown of EMA-50.
• 0.618 ($0.75007). This is more serious, the boundary between a deep correction and a structural breakdown, which also coincides with EMA-100 ($0.75419), and with a series of reversal candles in the first phase of growth. If the market reaches 0.618 and doesn’t bounce, the trend may be considered broken. Especially important is if there is a breakdown of 0.618 with confirmation and RSI < 50, which may indicate a transition to a deeper decline, with the potential of testing $0.724.
• 0.786 ($0.72410). Located in the center of the demand zone $0.692–0.705, and at the base of the entire upward structure. This is the last technical point where a local trend restart could potentially occur. But if the price breaks below 0.786, it may mean that the market is returning to the full range of decline, and the HH/HL structure is considered fully destroyed.

AERO Market Sentiment 

I would say that we see a bullish sentiment with technical deceleration after a sharp impulse for local recovery. All key moving averages (EMA-20/50/100/200) are trending upward, the HH/HL structure is intact, and the price is trading above Fibo 0.382. However, the impulsive movement weakened at the $0.842 level, and the RSI is at 66.75 – near the overbought zone, without breaking above 70, but with an increasing deceleration of angle.

📈 Potential Bullish Scenario

• Confirmation. 1H candle closes above $0.842 with RSI > 68, holding above EMA-20 ($0.79369), and no aggressive profit-taking.
• Target. Test of the $0.856 zone – the upper boundary of the supply zone. If held above – opening of the $0.873–0.880 range.
• Scenario invalidation. Breakdown below the $0.785 level with RSI < 55 and violation of EMA-50. This breaks the local structure and shifts the market into the seller’s control zone.

📉 Potential Bearish Scenario

• Confirmation. Formation of a candle with a long upper wick at $0.842, followed by a close below $0.807 (Fibo 0.236) and RSI turning down through MA.
• Target. Test of the $0.767 zone (Fibo 0.5) and EMA-50. If broken, move to $0.750 (0.618 Fibo + EMA-100). The HH/HL structure is broken, and a return to the $0.724–0.705 range is likely.
• Scenario invalidation. Holding above $0.856 with an RSI > 70 and confirmation via large candles nullifies the signs of phase deceleration.

✅ Potential Entry

In the case of holding above the $0.807–0.793 cluster (Fibo 0.236 and EMA-20), under the condition that:

• RSI > 60
• A confirming candle with a bullish body and no upper wick
• The $0.807 level is not lost over two consecutive candles

🛑 Potential Stop

In case of technical invalidation of the short-term structure and indicator phase reversal:

• Close below $0.767 (Fibo 0.5) and EMA-50
• RSI < 55
• Fixation of two consecutive lows below $0.785

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Conclusion

The most important zone now is $0.842. Potentially, this may result in an impulse breakout toward $0.856, or in the formation of a reversal candle pattern shifting to a retest phase. A loss of the $0.807 level may be the first warning signal, and a breakdown of $0.785–$0.767 with confirmation from RSI and EMA is the point after which the HH/HL structure breaks down. Let’s keep a close eye on the RSI angle, candle dynamics around $0.842, and whether the price holds above EMA-20 over the next 2–4 candles.