AERO surges 28% YTD but shows bearish signs and risk of pullback ahead.

Aerodrome Finance (AERO) has gained 28% year-to-date, supported by strong weekly fees and token incentives. However, technical indicators like the MACD and Bull Bear Power suggest bearish momentum building, indicating potential price declines soon. Despite this, perpetual traders remain mostly long, showing some confidence in a rebound. Elevated liquidation risks and capital outflows add to the downside pressure, signaling a possible near-term pullback.