$ASTER /USDT – Bearish Continuation After Post-Launch Dump

Market Structure

ASTER experienced a classic post-listing spike, followed by an aggressive distribution and sell-off.

Price is currently trading around 0.69, well below the initial highs → clear loss of bullish structure.

Overall structure remains lower highs & lower lows, indicating bearish dominance.

Trend & Momentum

Strong impulsive dump from the top, followed by weak corrective bounces.

Current price action shows no bullish displacement, only consolidation after the drop.

Momentum is still bearish, with buyers failing to reclaim key levels.

Key Levels

Resistance Zones

0.85 – 0.95 → Previous breakdown area / supply zone

1.10 – 1.25 → Strong distribution & rejection zone (high probability short area if retested)

Support Zones

0.65 – 0.62 → Immediate support

0.55 – 0.50 → Psychological & structural support

Below 0.50 → Opens room for further liquidity sweep

Trade Outlook (Short Bias)

Primary Scenario

Price rejects below 0.95 – 1.10

Continuation toward 0.62 → 0.55

Short Setup

Entry: 0.90 – 1.10

Targets:

TP1: 0.70

TP2: 0.62

TP3: 0.55

Stop Loss: Above 1.25

Invalidation

A strong daily close above 1.25 with volume would invalidate the bearish bias and suggest a deeper recovery.

Conclusion

ASTER is showing typical post-listing behavior: hype → spike → heavy distribution → grind lower.

Until price reclaims key resistance with strength, short-side rallies remain favored.

Patience is key — let price come to resistance before taking trades.

If you want, I can also:

Mark exact entry zones on the chart

Adapt this into a Telegram / X post format

Do a lower-timeframe scalp plan based on this structure