Aerodrome Finance jumps 11% on strong volume and short squeeze, breaking key resistance at $0.44.

Aerodrome Finance (AERO) surged nearly 11% with a 98% increase in trading volume, signaling renewed strong buyer interest after weeks of sideways trading. The price broke above a multi-month range, reclaiming the $0.44 support level and approaching the next resistance at $0.60. A short squeeze wiped out $12.71K in short positions, while no long liquidations occurred, indicating bullish dominance. Open Interest rose nearly 17%, showing increased leverage and participation in derivatives markets, which could boost volatility but supports further upside if buying pressure continues.