Aerodrome Finance AERO is forming a macro inverse head and shoulders pattern near the $1.10 neckline, signaling potential for a trend reversal. This technical structure, emerging after a prolonged downtrend, indicates weakening selling pressure. The pattern's right shoulder, forming between $0.60 and $0.65, suggests a higher low, aligning with typical reversal characteristics. A breakout above the $1.10 neckline could target a price of $6.50, according to market analysts. Despite ongoing incentive spending, Aerodrome Finance AERO shows strong decentralized exchange (DEX) volumes and fee generation, supporting its structural recovery. The protocol's Total Value Locked (TVL) is approximately $505.9 million, with annualized fees and revenue near $76.3 million. Monthly DEX volume reached $11.24 billion, underscoring its role as a leading liquidity venue on Base and contributing to market capitalization stabilization.