Brothers, you all saw it today, right? $ASTER directly pulled from 1.23 to 1.40, peaking at 1.407! It surged 8.61% in 24 hours, with trading volume skyrocketing to 1.32 billion USDT! I was thinking just yesterday it was still hovering around 1.26, and today I open my eyes and it’s taking off.
First, let's talk about the technical side. On the 15-minute K-line, MA(7) is at 1.362, MA(25) is at 1.373, and MA(99) is at 1.341. The three moving averages are perfectly aligned in a bullish formation!
Even more explosive is that the 24-hour trading volume is 263 million ASTER (353 million USDT), with a turnover rate of 41.42%! What does this volume indicate? Major funds are frantically buying!
More critical information has arrived: the tool clearly indicates the direction of the market makers: bullish, the market makers are currently buying, and the price outlook is positive!
Moreover, the dealer's inquiry clearly suggests looking for long opportunities! This is not something I made up, but a solid signal from on-chain data!👇
On-chain data from large holders shows: there are whales that have accumulated $53 million in ASTER since November! Moreover, Aster just launched a $10 million "Dual Harvest" trading competition on November 17, repurchasing $7,500 of ASTER every minute (with half directly destroyed)!
This operation is simply a clear signal to retail investors: the dealer is going to pump the price, get on board quickly!
Looking at the technical chart again. The current price of 1.362 has already broken through the resistance level of 1.34, with the next resistance at 1.40-1.42. If it holds the support at 1.36, the target looks at 1.45 or even 1.50+! But be careful: if it falls back and breaks 1.34, it may pull back to the range of 1.28-1.30.
The most explosive news: RSI is now 67.53, in a strong zone but not yet overbought! MACD continues to show a golden cross, with the parabolic SAR support at 1.14! All technical indicators are shouting: bullish trend established!
Operation suggestion:
The current price around 1.36 can be a small position to chase long, with a stop loss set below 1.32, first target at 1.42, second target at 1.50! If it pulls back to 1.30-1.34, that is a golden accumulation position! Remember: do not short (AI's original words), this bullish trend is too strong, going against it is just giving away money!
Finally, heartfelt words: the ASTER project is not a vaporware—daily trading volume is $90.7 billion, ranking first in Perp DEX! TVL is $14.6 billion, with 187,000 holding addresses! This is real money flowing in, not emotional speculation!
However! In the crypto world, there are no guaranteed profits; only by controlling risk can one survive. Do proper risk management, don't go all in! Wishing all the brothers can make profits!🚀💰