$ASTER /USDT – Short-Term Technical Read (15m)
Price is trading around 0.695 after a sharp pullback from 0.719. This move looks like a corrective retracement after a failed breakout, with price now trying to stabilize above short-term demand.
Market Structure
Clear lower highs + pullback from the 0.719 top → short-term structure turned bearish.
The reaction from 0.689 shows buyers stepping in, forming a temporary base.
Current candles suggest stabilization, not trend reversal yet.
Moving Averages
MA(7): ~0.694 → price hovering around it, short-term balance.
MA(25): ~0.700 → immediate resistance zone.
MA(99): ~0.707 → strong overhead resistance, trend pressure remains. Price staying below MA(25 & MA(99) keeps upside limited.
Volume Insight
Elevated red volume during the drop confirms distribution from the top.
Bounce volume is lighter → indicates defensive buying, not strong momentum.
Needs expanding green volume above resistance to flip bias.
Key Levels
Immediate Support: 0.695 – 0.689
Major Support: 0.680 – 0.675
Resistance: 0.700 – 0.705
Major Resistance: 0.715 – 0.720
Scenarios
Bullish Recovery:
Hold above 0.689 and reclaim 0.705 → opens move toward 0.715–0.720.
Range / Chop:
Likely consolidation between 0.689 – 0.705 if volume stays average.
Bearish Continuation:
Loss of 0.689 → downside toward 0.680 / 0.675.
Summary ASTER is in a post-rejection correction after failing at 0.719. Buyers are defending the 0.689 area, but momentum remains weak below 0.705–0.707. Until that zone is reclaimed with volume, this is a range-bound, scalp-friendly setup, not a confirmed bullish continuation.
If you want, I can format this into a Binance Feed / CreatorPad-style post with exact entry, targets, and invalidation, or tune it specifically for scalp execution.
#USCryptoStakingTaxReview #CPIWatch #BTCVSGOLD #BinanceBlockchainWeek #USJobsData
