$ASTER is currently in a thin consolidation phase after dropping from a local peak of 0.788 to a low of 0.655. The closing price at 0.695 indicates that selling pressure still dominates, especially as buying volume has yet to match selling activity. MA(7), MA(25), and MA(99) are all positioned above the current price, signaling that the short- to mid-term trend remains bearish. The Supertrend at 0.719 also has not provided any indication of a reversal.

However, the slowing pace of decline could be an early sign of stabilization. If ASTER manages to hold above 0.690 and form a higher low, the potential to retest the MA(7) area at 0.700 opens up. Conversely, if selling pressure continues and the price breaks below 0.685, the psychological support at 0.655 may be tested again.

As long as volume remains low and selling pressure dominates, ASTER is likely to move sideways with a bearish bias. But if there is a surge in buying volume and a breakout above MA(7), the opportunity to reach 0.706 (MA25) could emerge as a short-term target. #aster