📉 $ASTER breaks down as a big wallet sells and the unlocks keep coming
Aster is the perp DEX where CZ publicly disclosed buying more than two million tokens, and the token has been handing that confidence back fast. After weeks of sitting in a tight range, it broke out of the bottom and has slid in waves since, with heavy long liquidations on the way down and one wallet reported selling over a million tokens hours before the worst leg. The Stage 6 airdrop is claimable through December 4, and linear unlocks keep adding more than $10 million of fresh supply every month. There's no single headline behind this, which is exactly why it reads as a trend and not a one-off flush. The bounce off the low is stalling right under the broken range. Sell the bounce into the old range.$AKE $LAB
SHORT
Entry: 0.5900
SL: 0.6500
TP1: 0.5000
TP2: 0.4600
TP3: 0.4200
Aster is the perp DEX where CZ publicly disclosed buying more than two million tokens, and the token has been handing that confidence back fast. After weeks of sitting in a tight range, it broke out of the bottom and has slid in waves since, with heavy long liquidations on the way down and one wallet reported selling over a million tokens hours before the worst leg. The Stage 6 airdrop is claimable through December 4, and linear unlocks keep adding more than $10 million of fresh supply every month. There's no single headline behind this, which is exactly why it reads as a trend and not a one-off flush. The bounce off the low is stalling right under the broken range. Sell the bounce into the old range.$AKE $LAB
SHORT
Entry: 0.5900
SL: 0.6500
TP1: 0.5000
TP2: 0.4600
TP3: 0.4200
