Did you catch the strength in ASTER after the dump? It's showing character. ASTER/USDT got slammed down from the $1.15 area, but found a perfect double bottom around $0.992. That's a massive support level now. Since hitting that low, we've seen a consistent grind up, forming a nice recovery structure. We're currently consolidating at $1.103. The 24h high at $1.120 is the immediate resistance. We need a clean break and hold above that level to confirm the next move up. If we break it, we're likely heading back toward the previous high of $1.151. If the price rejects $1.120, expect a dip to retest the $1.08 area. The market depth shows a bit more selling interest on the ask side, but the price action is bullish for now. What's your bet on which way ASTER breaks out? Just my trading journal notes. Risk what you can afford to lose.
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🧐 $ASTER Setting Up for a Move?
Did you catch the strength in ASTER after the dump? It's showing character.
ASTER/USDT got slammed down from the $1.15 area, but found a perfect double bottom around $0.992. That's a massive support level now.
Since hitting that low, we've seen a consistent grind up, forming a nice recovery structure. We're currently consolidating at $1.103.
The 24h high at $1.120 is the immediate resistance. We need a clean break and hold above that level to confirm the next move up. If we break it, we're likely heading back toward the previous high of $1.151.
If the price rejects $1.120, expect a dip to retest the $1.08 area. The market depth shows a bit more selling interest on the ask side, but the price action is bullish for now.
What's your bet on which way ASTER breaks out?
Just my trading journal notes. Risk what you can afford to lose.
#aster #AreYouBullishOrBearishToday?