ASTER/USDT is currently trading around 0.934, and this zone is very important for the market. The chart clearly shows that the price is standing in a strong support area where both buyers and sellers are having a tough competition. The upcoming candles will decide which direction the next move will take.
Current Market Structure
If we look at the 1-hour timeframe, ASTER is in a range-bound movement. The price previously rejected from the 0.965 – 0.975 resistance zone and is now slowly approaching the 0.92 – 0.93 support area.
This support zone has held multiple times before, showing that buyers are active here. However, selling pressure is also visible, so confirmation is very important.
Important Support & Resistance Levels
Strong Support: 0.920 – 0.930
This is the most important area of the chart. If a strong bounce is received from here, short-term recovery is possible.Immediate Resistance: 0.950 – 0.960
For a bullish move, it is essential for the price to close above this zone.Major Resistance: 0.975 – 0.980
A breakout above this level can signal a strong rally.
Volume Analysis
A volume spike was observed with the recent dip, indicating that smart money may be active near the support zone. Low volume consolidation suggests that traders are still waiting for confirmation.
Bullish Scenario 📈
If ASTER holds the 0.92 support and forms a strong bullish candle with volume:
First target: 0.95
Second target: 0.97
Extended target: 0.99 – 1.00
A strong breakout above 0.96 can make the short-term trend bullish.
Bearish Scenario 📉
If the price closes below the 0.92 support:
The first drop can come down to 0.90
Next support may be around 0.88
Strong selling volume will confirm a breakdown bearish continuation.
Trading Strategy & Risk Management
Conservative traders should wait for confirmation candles.
Aggressive traders can look for scalp trades within the range.
Always use stop loss.
Avoid over-leverage, as sudden moves can occur in a sideways market.
Final Thoughts
ASTER/USDT is currently at a make-or-break zone. At such a place, there can either be a strong bounce or a solid breakdown. A successful trader is one who follows patience, discipline, and proper risk management.
