Wow, $ASTER has been through a rough patch lately, but that bounce you're spotting off the lows is definitely worth watching closely! After getting hammered with those double-digit drops (matching the -12–15% we're seeing in recent sessions), holding and rebounding from around $0.765–$0.82 with a volume spike at the bottom screams potential capitulation and buyer absorption – classic signs that sellers might be exhausting.
As of December 16, 2025, ASTER's sitting in the $0.81–$0.93 range across major spots, with 24h volumes still massive in the hundreds of millions, showing liquidity is there even in the downtrend. The MAs being overhead (short-term around $0.866–$0.926) keeps it bearish for now, but a solid push and close above that MA(7) on increasing volume could absolutely trigger a reversal play, flipping those levels to support and opening the door to retest the recent highs near $0.95 or higher if DeFi perps sentiment turns.
I'm cautiously optimistic on a long here if we get that confirmation – entering on strength above key MAs or a retest of support, with a tight stop below the 24h lows to keep risk in check. Aster's innovative edge as a multi-chain DEX with yield-bearing collateral could catch fire again if the broader market stabilizes.
This could be the setup for catching a nice rebound! Are you waiting for a specific volume confirmation or MA crossover before jumping in? What's your target if it flips bullish? Let's hear it in the comments, traders! 🚀
