Hey guys, if $ASTER cannot break through this trend line, the rejection will push it back into a sharp downward move. The structure clearly shows weakness near the resistance level, and each time it touches this trend line it leads to a sharp drop. This is the perfect time to stay vigilant and position yourself before the next move.
If the rejection is confirmed, $ASTER could easily drop to around $0.80. Make sure to enter your short position in time, use a reasonable stop loss, and monitor the move with discipline. This setup has a high probability based on previous trend line reactions, so act smart and protect your profits.
ASTERUSDT
Perp
0.9566
+2.59%