$ASTER /USDT 0.685 (4H TF)
The yellow consolidation box we flagged last time, three weeks of tight ranging between 0.68 and 0.76,has now been tested from below. Price dipped out of the bottom of it, tagged the grey demand zone at 0.63-0.66, and is sitting right on its edge at 0.685. That grey zone is doing exactly what it was supposed to do.
What's interesting is the spike to 0.770 earlier this week followed by the immediate return to the zone. That kind of move up fast, back down faster shook out weak hands and brought price right back to where real buyers have been sitting since mid-February. The grey zone has now been tested from above multiple times and held every single time.
The arrow pointing to 0.814 hasn't changed. That blue line is still the target and the path to it still runs through holding this grey zone. A 4H close back above 0.700 would be the first confirmation that the zone absorbed the selling and the move toward 0.814 is loading.
Broad market weakness is the variable right $ASTER held its structure better now than most during this selloff which is worth noting. The grey zone is doing its job.