“This Token Is Bleeding — and Many Still Think the Bottom Is In.” Aster Is Near a Breakdown.
While many traders keep hoping for a miracle bounce, Aster (ASTER) is quietly collapsing toward a potential new all-time low. After a 6% drop on Sunday, the token is now trading around $0.90, and price action suggests that the real danger zone is still ahead.
ASTER is now hovering just above the critical support at $0.882, which marked last week’s local bottom. If this level fails on a confirmed close, price could quickly slide toward the historical low at $0.817, printed on November 4. A breakdown below that opens the door for a full price discovery phase to the downside.
Aster at a Technical Cliff: Hold $0.882 or Enter a New Bear Phase
On the 4-hour chart, structure remains decisively bearish. ASTER continues to print:
Lower highs
Lower lows
Repeated failed recovery attempts below $1.00
Key Technical Levels:
Immediate Resistance: $1.00 (psychological level)
Major Resistance: $1.086 (latest swing high)
Critical Support: $0.882
All-Time Low Support: $0.817
If ASTER closes below $0.882, the next technical magnets become:
$0.850 (minor demand)
$0.817 (historical low)
Below that: no structured support
On the upside, only a clean breakout above $1.00 can neutralize the downtrend and open a recovery toward $1.086.
Momentum Indicators Confirm Bearish Control
The indicators are flashing a clear warning:
RSI (4H): 32
→ Approaching oversold territory, showing strong bearish momentum
MACD (4H):
→ Expanding bearish histogram
→ Signal and MACD lines continue to diverge downward
→ Confirms that selling pressure is accelerating, not slowing
This means that although a short-term bounce is possible due to oversold conditions, the broader trend still favors continuation to the downside.
What Happens If $0.817 Breaks?
If ASTER loses $0.817, the chart enters true price discovery to the downside:
No visible historical demand below
Stop-loss cascades likely trigger
High chance of panic selling from late buyers
In this scenario, only volume-based absorption could form a new bottom — and that process is usually violent and fast.
🔥 ASTER Trading Plan (High-Risk, High-Volatility Setup)
Not financial advice. Educational strategy only.
🟢 Buy Zones (Speculative Long):
Primary Buy (Support Bounce): $0.88 – $0.895
Deep Capitulation Buy: $0.81 – $0.83 (only if strong rejection appears)
🔴 Sell / Short Zones (Aggressive Traders):
Rejection Sell: $0.98 – $1.02
Breakdown Short: 4H close below $0.88
🛑 Stop Loss:
Long SL: Daily close below $0.80
Short SL: Daily close above $1.10
🎯 Take Profit Targets:
TP1: $0.98 – $1.00
TP2: $1.08 – $1.10
TP3: $1.20 – $1.25 (only if trend flips bullish)
Risk-to-reward is extremely sensitive to the $0.882 level. This is a binary zone — either it holds and sparks a rebound, or it breaks and triggers another leg lower.
Final Verdict
Aster is not “consolidating.”
It is bleeding slowly inside a confirmed downtrend.
If bulls fail to defend $0.882, the market will likely:
Sweep $0.817
Force a new cycle low
And reset the structure again from much lower levels
Only a reclaim of $1.00+ would change this narrative.
Until then, ASTER remains a falling knife with short-term bounce potential but dominant downside risk.
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