$ASTER This small-level rebound is quite interesting. It has formed a descending wedge pattern, which is usually a bullish formation.
If the price holds above 1 USD, it indicates that the support strength is decent, and I judge that the probability of a breakdown is low. You can consider lightly entering a long position around 1.04 USD, with a short-term target initially at the resistance level of 1.20 USD.
However, be cautious; on-chain data shows that whale accounts are offloading, which may bring selling pressure. So, position sizing should be managed well, and it's recommended to set a stop loss below 1 USD.
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