Deep Dive
1. Technical Rebound (Mixed Impact)
Overview:
AURA’s RSI-7 (40.72) and RSI-21 (38.69) hover near oversold levels, while the MACD histogram turned positive (+0.0011354) for the first time in weeks. The price reclaimed its 7-day SMA ($0.0366), suggesting short-term buying interest.
What this means:
Traders likely interpreted oversold conditions as a buying opportunity, especially after a 41% monthly drop. However, the 200-day SMA ($0.1006) remains 63% above the current price, signaling entrenched bearish long-term sentiment.
What to look out for:
A sustained break above the 30-day SMA ($0.0437) could signal stronger recovery potential.
Overview:
Aura’s X account (@auracoinsolana) amplified cryptic messaging like “aura doesn’t trade. it transmits” and “price action is illusion” – typical of meme coin ecosystems relying on abstract narratives. Recent Vietnamese-language tweets about EdgenTech’s “Aura farming” system also sparked regional retail interest.
What this means:
While lacking fundamental catalysts, the token’s history as a Solana-based meme coin (2024-2025 rallies: +3,500% in 24h) makes it prone to sentiment-driven pumps. Social volume spiked 29% in 24h, per embedded metrics.
3. Low Float Risks (Bearish Undercurrent)
Overview:
On-chain data from June 2025 revealed that 30% of AURA’s supply was held by 215 wallets, with tokens often transferred internally rather than purchased openly. This concentration historically led to violent swings (e.g., June 2025’s 83% crash post-pump).
What this means:
The 24h volume ($1.28M) represents just 3.5% of its market cap, indicating thin liquidity. While the bounce appears organic, large holders could easily reverse gains.
Conclusion
AURA’s rally reflects a mix of oversold technicals and meme-driven speculation, but its lack of utility and centralized supply pose persistent risks. Key watch: Can the price hold above $0.0375 (current 7-day EMA) to confirm a trend shift, or will whale activity trigger another downturn?