🪙 DAILY MARKET UPDATE OF ASTER 📢
After an almost perfect correction of 61.8 to 0.92, buyers (bulls) have gradually regained control since this sharp price drop, and have now *reversed the trend in their favor.
Here is my analysis of the ASTER situation
🔍 1. Correction and technical rebound
The drop from 2.40 to 0.92 represents a correction of 61.8
The market reacted positively, indicating a strong technical rebound.
📈 2. Return of buyer confidence
- The "bulls" are gradually regaining control after the panic.
- The fact that the price holds around 0.92 and rebounds shows strong defense at this level by buyers.
🧠 3. Interpretation of signals
- This reversal may mark a change in trend if volume and momentum continue to support the rise.
- However, the psychological resistance around 1.50 to 2.00 could pose a challenge.
🌐 4. General context
- $ASTER could benefit more if the altcoin season sets in and Bitcoin remains stable or rises,
- But in the event of a global pullback, this rebound could be just a "bull trap".
✅ It is a positive signal in the short term, but caution remains advisable. A sustainable bullish confirmation will come with solid volumes and the overcoming of key technical levels.
