$ASTER — Short Bias Setup
Price is currently trading near 0.6902 (-0.44%) and continues to struggle after a
weak bounce from recent lows. The recovery lacked follow-through, and price action is now tightening beneath the 0.70–0.71 resistance zone, a clear area of supply.
Repeated upside attempts are being rejected quickly, forming lower highs and signaling fading bullish strength. Momentum remains capped, suggesting distribution pressure rather than a trend reversal. Unless price can reclaim and hold above the overhead resistance, sellers remain in control.
As long as ASTER stays suppressed below this supply band, the path of least resistance favors a move back toward lower demand levels.
Trade Plan (Short):
Entry Zone: 0.696 – 0.702
Stop Loss: 0.712
Targets: 0.684 → 0.672 → 0.658
Overall structure supports downside continuation while price remains rejected from the key resistance area.
