๐ $ASTER Braces for Impact: $44M Token Unlock Approaches ๐
Asterโs native token, $ASTER, is currently hovering around the $0.60 mark as it consolidates following a rocky period of volatility. With a market cap sitting at $1.47 billion, the project is seeing steady action, pulling in about $225 million in 24-hour trading volume. ๐
The token has been bouncing between intraday highs of $0.64 and lows of $0.59. While the trading activity remains high, a major "supply shock" is looming on the horizon. ๐๏ธ On February 17, 2026, the protocol is set to release 78.11 million ASTER (roughly $44.49 million) into the market. Analysts warn that this surge in circulating supply could trigger significant selling pressure. โ ๏ธ
๐ Technical Breakdown
On the daily charts, $ASTER is stuck in a bit of a "wait-and-see" range. Hereโs what the levels look like:
๐ง Resistance: The path up is blocked at $0.5437 and $0.6096, with a major hurdle further up at $0.7187. These spots have repeatedly crushed recent rallies.
๐ก๏ธ Support: If the price slips, look for a floor at $0.5545, with a deeper "safety net" near $0.45.
๐ก๏ธ Market Sentiment Indicators
RSI (Relative Strength Index): Currently sitting between 35โ38. This means $ASTER is getting close to "oversold" territory, but buyers haven't stepped back in with any real conviction yet. ๐ด
Moving Averages: Short-term averages are sitting above the current price at $0.61, keeping the immediate trend looking bearish. ๐ป
MACD: The momentum reflects a neutral-to-bearish bias, with the histogram suggesting that sellers still have the upper hand for now. ๐
With a massive token unlock just days away, the technical outlook remains cloudy. If market sentiment stays soft, the added supply could push prices lower. Keep those stop-losses tight! ๐ธ
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