This is exactly how the market looks before a bottom forms and the trend shifts bullish.
For the first time in the coin’s entire cycle, a strong bullish convergence has formed. Price is printing lower lows - RSI is holding. Sellers are losing control - selling pressure is clearly fading. The 0.55-0.60 demand zone is holding - Smart Money is quietly building positions.
Key points right now: - Bottom formation on strong support - First confirmed bullish convergence of the cycle - Market is still in fear and disbelief - Upside potential to 1$ within the coming weeks - This is the exact zone where the most attractive mid-term and long-term positions are built, with high upside potential and limited risk.
This is not financial advice, this is the level where I am personally building my position for long-term holding. If $BTC breaks upward and moves toward new ATHs, then within the next few months #ASTER can easily reach a new all-time high as well.
Save this post to your bookmarks and remember these words when, in a month, ASTER is trading around 1.00$ or higher, and current prices are remembered by those who did not buy as a missed opportunity.
The market rewards those who see opportunities and act early, not those who arrive when it is already too late.
He liquidated the long positions within minutes and wiped out the accounts...
I kept telling you again and again, and I’m still telling you now: do scalping in this, but only with a 2–3% stop loss, otherwise you will lose everything...
Short $AXS : Overbought After 130% Surge, Pullback Imminent
Entry: $2.50 Stop Loss: $2.80 Take Profit: $2.00
🗒️Note: Shorting $AXS following 130% weekly rally, with price at $2.50 and RSI overbought at 79, signaling exhaustion. Volume exceeds $370M, but community calls for profit-taking amid resistance threats. Gaming narrative rotation may fade, targeting correction to $2 support; high volatility demands tight stops.
Price was ranging between $0.70–$0.78 where heavy leverage built up. A sharp drop flushed those positions and pushed price into the $0.55–$0.60 zone, clearing most long liquidations.
Now price is trying to stabilize around the low $0.60 area. Resistance remains at $0.70–$0.75 where liquidity is stacked.
If $0.58–$0.60 holds, a move back toward $0.65–$0.70 is possible. Losing that level could mean another retest of the lows.