$ASTER
$ASTER Alert: Bullish Momentum vs. Supply Pressure! 🚀
ASTER is showing signs of a strong recovery, currently trading at $0.711 with a +0.42% increase over the last hour. After a period of consolidation, the technical indicators are starting to heat up.
🔍 Technical Insights:
Bollinger Bands (BOLL): The price is currently trading just above the Middle Band ($0.708), showing a short-term bullish flip. A move toward the Upper Band ($0.718) is the next logical step.
MACD: We see a positive histogram (0.001), indicating that buying pressure is slowly returning.
RSI (10): Currently at 56.79, leaving plenty of "room to run" before becoming overbought (70+).
KDJ: The J-line is at a high of 105.10, suggesting a very sharp short-term momentum burst.
⚠️ Market Context: Keep an eye on the $58M token unlock that happened recently (Feb 17). While the chart looks bullish, this extra supply may test the current support levels.
🎯 My Trade Plan:
Entry Zone: $0.705 - $0.712 (On a confirmed hold above the Middle Band).
Target 1: $0.722 (Previous Local High).
Target 2: $0.745 (Major Resistance Zone).
Stop Loss: $0.685 (Stay safe below the recent low).
Are you riding the $ASTER wave, or waiting for a deeper dip post-unlock? Let me know your targets in the comments! 👇
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