$ASTER DAILY MARKET UPDATE 🚨
Pretty quiet on the
$ASTER front, which is actually a good sign given the current market volatility. Price has been consolidating well in this region for a while, which whos that Aster has shed most of its downside sensitivity. In previous corrections, price would drop 10–20%, but volatility now appears to have at least reduced in the short term.
Price once again attempted to break through the major overhead resistance zone (~$’1.17) with a huge candle, but closed below the ascending trendline which now acts as resistance.
A reclaim above this line could trigger a bust and reclaim setup, which would help price push higher as liquidity keeps building. Losing local support near ~$’1.05 would confirm a larger pattern breakdown and likely invite a visit to lower levels.
Key Levels:
Resistance: $’1.16 / $’1.29
Support: $’1.05 / $’1.00