Let's be real — a LOT of people are about to hit that sell button $ASTER 📉
So what happens to price? Let's break it down 👇
📊 Current Setup:
💵 Price: $0.937
🔴 Trading just below descending trendline
⚠️ Approaching resistance zone: $0.975–$1.000
The chart is screaming potential rejection here 👀
🎯 Bearish Scenario:
Price tests resistance $0.975–$1.00
Gets rejected (airdrop sellers pile in)
Drops toward support at $0.817
📌 Key Levels to Watch:
🔴 Resistance: $0.975–$1.000
🔴 Major resistance: $1.082
🟢 Support target: $0.817
🟢 Previous low: $0.882
The descending structure is still intact. If we see rejection at resistance + volume spike from airdrop dumps? That $0.817 target becomes very real 📉
⚡ My take: $180M worth of tokens hitting the market is NOT bullish, at least short-term. Watch for exhaustion signals near resistance before entering any positions.
This could be a textbook sell-the-airdrop event 🎁➡️💸
What's your play? Selling into strength or buying the dip later? 🤔
