$ASTER /USDT – Bears in Control as Price Hits New Lows
$ASTER/USDT has witnessed heavy selling pressure over the last few sessions, sliding nearly -16% as bears tighten their grip on the market. After multiple failed attempts to reclaim the $1.00 zone, the price broke down sharply, reaching as low as $0.85 before finding minor support. This strong decline reflects the exhaustion of bullish momentum and a clear shift toward a bearish structure.
The chart shows a consistent formation of lower highs and lower lows, signaling that sellers remain firmly in control. Momentum indicators like MACD and DIF continue to trend deep in the negative zone, confirming the dominance of bearish sentiment. However, with the price now testing an oversold region, short-term traders may watch for a potential relief bounce if $ASTER stabilizes above the $0.85 support area.
A recovery toward the $0.92–$0.97 range could occur if buying volume returns, but the overall trend will remain weak until a strong close above the $1.00 mark is achieved. On the flip side, a decisive break below $0.85 may trigger further downside toward $0.80 or lower.
Targets:
TP1: 0.920
TP2: 0.970
TP3: 1.020
Stop Loss: 0.835
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