#ASTER (1D) – TESTING MULTI MONTH TRENDLINE RESISTANCE!
$ASTER has spent months building a solid macro accumulation floor around the $0.50–$0.60 demand zone. Price is now compressing directly against the major descending resistance trendline on the 1D chart, coiling for a high-confluence expansion move!
The key trigger line sits at $0.7700 – $0.8100. A clean daily close and hold above this level invalidates the long-term downtrend and opens up room for a powerful multi stage rally.
💎 Fundamental Strength (DefiLlama Data): • Generated $479M in cumulative protocol fees. • Processed over $1.49 Trillion in total perps volume. • Firmly established as the #2 Perpetual DEX in all of crypto behind Hyperliquid.
A rejection here could see a quick retest back toward $0.65–$0.68 for liquidity building before the next attempt.
Note: This is a swing/macro setup—patience is required for structural targets to deliver.
⚠️ Disclaimer: Not Financial Advice (NFA). Always Do Your Own Research (DYOR) before trading.
💬 Are you accumulating $ASTER in this range or waiting for $0.81 breakout confirmation? Drop your targets below! 👇
🇺🇸JUST IN: Trump names Jay Clayton, the former SEC chair whose agency sued Ripple, as his new AI czar.
Clayton, now Director of National Intelligence, will lead a new "Super Intelligence Force" with 120 days to report on AI's risks and opportunities, per the WSJ.
David Sacks and Condoleezza Rice will be among its outside advisers.
As SEC chair, Clayton had previously signed off on the lawsuit against Ripple, filed on his last full day in office.
1. Monday, ISM Services PMI: Services make up 70% of the US economy, anything above 50 shows growth is holding up.
2. Tuesday, ADP Weekly Employment Change: Private hiring beat expectations in the latest reading, so this will show whether hiring momentum is continuing.
3. Wednesday, Mortgage Rates: Shows how expensive it is to borrow for a home, with higher rates adding pressure on housing demand.
4. Thursday, Initial Jobless Claims: Tracks new unemployment claims, so a sharp rise would be an early sign that layoffs are increasing.
5. Friday, Michigan Consumer Sentiment: Shows how confident Americans feel about the economy and their expectations on inflation.
Together, these reports will reflect the overall health of the US economy.
🚨 BREAKING: Former Nvidia advisor claims he is owed roughly $1,000,000,000 in stock over a vesting error buried in a 1993 agreement.
Eric Gullichsen says his signed grant specified that 25,000 options would fully vest within one year. Nvidia instead applied a four-year schedule, leaving him 9,375 options short.
After decades of stock splits, those options would represent 4.5 million shares, worth roughly $1.01 billion at Nvidia's September 25 closing price.
He says he discovered the discrepancy while revisiting documents in 2024, and that Nvidia rejected a settlement for a much smaller amount.
ICYMI: 🇺🇸 President Trump called former Fed Chair Jerome Powell "incompetent," saying "a man that's incompetent should not be sitting on the Federal Reserve Board."