📉 Technical Analysis – ASTER/USDT (1h Chart)

Current Price: $0.762

24h Variation: -6.39%

24h High/Low: $0.816 / $0.729

@Aster DEX #AsterDEX $ASTER

🔍 Current Context:

The asset ASTER shows a downtrend in the short term, with a timid recovery after hitting support at $0.729. The most recent movement shows a possible attempt at relief, but still without confirmation of structural reversal.

📊 Moving Averages:

• MA7: $0.753

• MA25: $0.774

• MA99: $0.872

The price is below the MA99 and MA25, but above the MA7, indicating a slight attempt at a technical rebound, but still within a descending channel.

💡 RSI Indicators:

• RSI(6): 50.33

• RSI(12): 42.02

• RSI(24): 37.87

The RSIs are in a neutral to slightly oversold zone, suggesting that the asset may be preparing for a bullish correction or consolidation before choosing the next direction.

🔊 Volume:

• Volume is still below average, with no confirmation of sufficient buying strength for a sustainable reversal.

🧭 Technical Levels:

• Key Support: $0.729 (recent low)

• Immediate Resistance: $0.774 (MA25)

• Critical Resistance: $0.816 (peak of the last 24h)

✅ Conclusion and Strategy:

• Dominant Trend: Bearish

• Current Bias: Slight technical rebound

• Suggested Strategy:

• Aggressive Entry: Risky at this moment. Ideally wait for a close above MA25 ($0.774).

• Conservative Entry: Wait for confirmed breakout with volume above $0.816.

• Short Stop Loss: Below $0.74 (or $0.729 for those who tolerate more risk).

⚠️ Alert:

• The asset remains in a weakened technical structure.

• The recent high lacks volume confirmation.

• Heightened caution with false rebounds.

ASTERBSC
ASTER
0.738
-3.52%