ASTER just broke through the $0.768 barrier – and here's what the technicals are telling us:
On the 4-hour chart, RSI divergence is flashing bearish signals following the recent surge. However, zoom into the 1-hour, 15-minute timeframes and shorter intervals, and you're still looking at bullish momentum.
The key question: will those lower timeframes confirm the breakout? For now, keep an eye on a potential pullback toward $0.768 as support. That level could be crucial for determining whether we're looking at a sustainable move or just a quick pump.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
MoonMathMagic
· 01-04 19:42
RSI divergence... It's the same old trick, let's see if the 1-hour can hold up.
View OriginalReply0
OnchainUndercover
· 01-04 19:35
The 4-hour RSI divergence is so obvious, and you're still bragging? I think this move is just a trap to lure more in.
View OriginalReply0
TokenVelocityTrauma
· 01-04 19:30
RSI divergence started warning on the 4h chart. Can this breakdown hold... It also depends on whether the smaller timeframes can keep up.
View OriginalReply0
MemeEchoer
· 01-04 19:28
It's the same old trick again. When it breaks out, they say look at the short-term cycle; when it drops, they change their tune and say they're long-term optimistic. Really?
ASTER just broke through the $0.768 barrier – and here's what the technicals are telling us:
On the 4-hour chart, RSI divergence is flashing bearish signals following the recent surge. However, zoom into the 1-hour, 15-minute timeframes and shorter intervals, and you're still looking at bullish momentum.
The key question: will those lower timeframes confirm the breakout? For now, keep an eye on a potential pullback toward $0.768 as support. That level could be crucial for determining whether we're looking at a sustainable move or just a quick pump.