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breakING: aero facing potential bull trap at $1.4 level?? 👀 market sentiment subdued despite optimistic signals 📉 speculators shifting
wait, is Aero about to hit a bull trap?? 🧐 why all the hype if it’s struggling to break $1.4?
aero may face a bull trap due to subdued market sentiment despite optimistic short-term signals, a potential mismatch between high demand and limited price movement, and
“Short-term signals for Aero were optimistic with a high demand in August, potentially exceeding the supply area. Despite this, market sentiment remained subdued, making a bullish breakout unlikely for now. Aero’s open interest rose by 8.28%, but price only increased by 0.6%, indicating a shift in speculators’ sentiment. Traders should cautiously manage positions as financing rates turned negative. The chart shows Aero struggling to break the $1.4 supply area, possibly settling around $1.2.” 📈🔍
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