The longer-term structure continues to favor the bulls, but recent price action shows that sellers are still applying pressure.
On the weekly chart, AERO is testing a major demand zone between $0.288 and $0.388. This area has become the market’s primary line of defense after nearly a month of persistent selling. So far, buyers have managed to prevent a deeper decline. However, the recovery remains incomplete.
A key concern is that price continued to trade below major EMA levels at press time, suggesting the broader trend has weakened despite the presence of strong demand underneath the market.
The daily chart provides additional context.
Here, the structure has already shifted bearish. Price remained below key EMAs, confirming that sellers held the short-term advantage. However, the demand zone appears far more resilient on this timeframe.
Since late 2024, the area has triggered roughly five successful reversals. The most recent reaction occurred on the 6th of June, 2026, when buyers stepped in once again to defend support. Another encouraging sign is the recent fill of the imbalance zone around $0.33. With that inefficiency now cleared, short-term price action has started to align more closely with the bulls.
For now, the market remains at a critical decision point. Buyers are defending an important demand zone, while sellers continue to benefit from the broader loss of momentum.
