$ASTER is trading near 0.685 after about a 10โ11% daily drop, keeping short-term momentum bearish ๐.
The 24h range around 0.676โ0.787 shows high volatility with sellers capping bounces.
Price sits just under the MA60 near 0.688, which is acting as immediate resistance.
Recent 7โ30 day drawdowns near 30โ40% keep the broader trend pointed down ๐.
A small rebound from the 0.676 low suggests dip buyers are trying to build a floor ๐.
A break and hold above 0.69โ0.70 could open a move toward 0.72โ0.75 ๐.
If ASTER slips back below 0.68, another test of 0.676 and new lows is possible ๐.
High red-volume bars indicate strong selling and profit-taking, so risk control is crucial.
Overall the structure is weak but attempting to recover, with traders watching for a clear breakout above resistance ๐.
ASTERUSDT
Perp
0.704
+0.81%