$ASTER technical setup just confirmed as expected 💯
The $0.768 resistance level we were tracking has officially broken, and now it's acting as dynamic support - that's textbook price action right there. When a level flips like this, it typically signals potential continuation upside.
Here's what makes it interesting: the 4-hour chart is flashing a bearish RSI divergence, which usually warns of momentum weakness. But zoom down to the 1-hour and lower timeframes - they're still painting bullish signals. This mismatch between timeframes is exactly the kind of thing that separates noise from real setups.
The chart's doing the talking. Keep watching how price interacts with that newly formed support zone.
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.
9 Likes
Reward
9
7
Repost
Share
Comment
0/400
DataChief
· 19h ago
0.768 this level is really holding tightly; once it turns around, it truly turns around. Now it's just a matter of whether it can hold on afterwards.
View OriginalReply0
SelfRugger
· 01-04 20:47
Hmm... It's that kind of long and short squeeze situation again. This is when you're most likely to get knocked down. Be cautious.
View OriginalReply0
GasFeeWhisperer
· 01-04 20:11
Hmm... I've heard the idea of multi-chart resonance many times, but how many actually come to fruition?
View OriginalReply0
LiquidityWitch
· 01-04 20:09
ngl the timeframe alchemy here is giving cursed LP vibes... 4h bearish div while 1h screams bullish? that's the kinda conflicted energy before liquidation sacrifices happen fr fr
Reply0
just_vibin_onchain
· 01-04 20:08
NGL, this kind of multi-timeframe divergence situation is a bit tense. The lower timeframe shows bullish, while the higher timeframe shows bearish. Who should we listen to?
View OriginalReply0
MerkleDreamer
· 01-04 20:02
Break below support and rebound. This wave looks quite interesting, but I'm just worried that when it retraces, it will turn out to be a false alarm.
View OriginalReply0
MEVHunterX
· 01-04 20:01
0.768 broke support, I like this rhythm, let's see if it can really hold.
$ASTER technical setup just confirmed as expected 💯
The $0.768 resistance level we were tracking has officially broken, and now it's acting as dynamic support - that's textbook price action right there. When a level flips like this, it typically signals potential continuation upside.
Here's what makes it interesting: the 4-hour chart is flashing a bearish RSI divergence, which usually warns of momentum weakness. But zoom down to the 1-hour and lower timeframes - they're still painting bullish signals. This mismatch between timeframes is exactly the kind of thing that separates noise from real setups.
The chart's doing the talking. Keep watching how price interacts with that newly formed support zone.