Price rebound & breakout attempts: ASTER climbed ~9% to about $0.65 recently, showing buyers stepping in after a prolonged dip. Technical patterns suggest a falling wedge with potential upside if resistance breaks. �
AInvest
Resistance test: On-chain and chart data show ASTER testing long-term resistance trendlines and crossing above the 200 EMA on the 4-hour chart — a short-term bullish indicator. �
FXStreet
Broader bullish sentiment from predictions: Some projections see continuation toward $0.82–$0.88 if broader markets improve. �Bullish (Long) Setup
Entry Zone: ~$0.62 – $0.67
(near recent support + consolidation region) �
CoinMarketCap
Stop-Loss (SL): $0.55
(below recent swing low)
Take Profit (TP):
TP1: $0.80 (first major resistance)
TP2: $0.95 – $1.10 (if breakout occurs above resistance)
📊 Risk/Reward: aiming for ~1:2+ R:R if entry & targets reached.
📈 Bearish (Short) Setup
Entry (on breakdown): Below $0.60
Stop-Loss: $0.67
Take Profit:
TP1: $0.50
TP2: $0.45
(assuming trend weakness continues or resistance holds)Resistance Zone: ~$0.80 – $0.95 — breaking above here could trigger stronger upside. �
🔸 Support Zone: ~$0.55 – $0.60 — key for maintaining bullish structure. �
🔸 Trend Pattern: Falling wedge / consolidation — breakout signals are important before entry.
