Aster draws renewed bullish interest as price action, on-chain flows and a looming mainnet launch converge Aster (ASTER) has been one of the few cryptocurrencies showing clear strength this week. The token climbed 6.19% in 24 hours at the time of writing and is now up more than 29% on the week, pushing price into a critical decision zone where forward momentum will need to be backed by sustained demand rather than one-off bids (source: TradingView). Key technical levels - Immediate Fibonacci resistance sits in the $0.75–$0.82 band, with a tighter barrier at $0.78–$0.82. A confirmed break above that range would open a pathway toward roughly $1.08, based on the next Fibonacci extension from the same retracement. - On the downside, $0.641 is the invalidation level. A close below that mark would weaken the bullish structure and increase the odds of a deeper pullback toward the $0.50 area — a zone that corresponds with the 50% retracement and where prior demand historically re-emerged. On-chain and derivatives flows Open interest (OI) on CoinGlass rose again after a flush on February 6, 2026. Since then, OI and trading volume have trended higher in tandem, a confluence that accompanied the price push and suggested genuine rebuilding of risk rather than a “dead-cat” bounce. Spot inflows also turned positive over the same stretch, indicating fresh positioning and reduced selling pressure (source: CoinGlass). That shift matters: it signals that sellers have stepped back and buyers are stepping in. However, rising OI carries a double-edged risk — crowded long positions can create easy liquidation targets if momentum reverses. Mainnet catalyst and structural transition Traders appear to be positioning ahead of Aster Chain’s mainnet launch, slated for March 2026. On February 12 Aster posted on X: “Aster Chain mainnet in March. Privacy is good. Aster is good.” The post reinforced the narrative but the market will be watching delivery closely. The upcoming mainnet is a material structural change: Aster moves from a BEP-20 token on BNB Chain to a native Layer-1 designed to scale for high-volume perpetual trading, bolster privacy features and improve interoperability for derivatives flows. The testnet went live in early February, but a successful mainnet launch raises the bar — it forces real-world performance under user pressure. Launch is the first step; sustained usage and on-chain activity by March will be the true proof point. Bottom line Aster’s current breakout attempt is supported by rising OI and spot inflows and is being timed alongside a high-profile mainnet rollout. Traders should watch $0.78–$0.82 for a decisive break higher and $0.641 as the key invalidation level. While on-chain signals point to renewed buyer interest, crowded leverage means downside liquidation risk remains. Disclaimer: This content is informational only and not investment advice. Cryptocurrency trading is high risk; do your own research before making any financial decisions. © 2026 AMBCrypto (sources: TradingView, CoinGlass) Read more AI-generated news on: undefined/news

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