2025-12-26 13:32:35

ASTER Technical Breakdown — 8H Chart

ASTER continues consolidating within a well-defined descending channel, reinforcing the prevailing bearish structure.

The recent recovery from the $0.66–$0.67 support zone pushed prices up roughly 13–14%, but this appears to be a textbook corrective bounce rather than a genuine trend reversal. The pattern remains intact: each successive peak sits lower than the last, confirming lower highs on the chart.

With price action still respecting the channel boundaries, the technical setup continues signaling caution for buyers. The support zone has held so far, but the overall momentum and structure suggest limited upside potential in the near term. Watch whether price can break above the descending trendline—if it fails, the bearish case strengthens further.

ASTER1.64%

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GmGnSleeper

· 4h ago

It's the same old descending channel trick; a 14% rebound can't save ASTER's downward trend. --- This rebound from 0.66 is truly just a fleeting glimpse of hope; continue to stay bearish. --- Lower highs, every single time. If we don't break the trendline soon, we should admit defeat. --- Support is still there, but the momentum is gone... The bear market is really annoying. --- This chart clearly shows that if it can't break the descending line, ASTER is doomed. --- It's another corrective bounce; those who understand charts know what this means. --- How long can the 0.66 line hold? I'm a bit worried. --- Restricting upward space? Indeed, let's wait for the breakout. --- Descending channel pattern again; no matter how fierce the rebound, it's all in vain.

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VitalikFanboy42