$ASTER has moved sideways within the $0.67–$0.73 range for 10 days, while the 1-hour momentum has clearly weakened.
Over the past ten sessions, the price has stayed within the $0.67 to $0.73 range, with no session breaking decisively outside it. Today, the price fell back to around $0.70, with the daily candle closing red for the second day in a row.
On the 4-hour chart, EMA9 remains above WMA45, and the RSI is around 54, with neither side clearly in control. But on the 1-hour chart, the price has dropped below EMA9, and the RSI has fallen to 41, suggesting short-term buying pressure is easing.
The $0.697 level is the nearest support and has been tested twice over the past week. If it gives way, the next support lies around $0.667, while resistance is around $0.722.
Binance still classifies $ASTER as a Seed asset, with high risk and potentially thinner liquidity than larger coins.
Personal observation, not investment advice
#TheoDõiFOMC #TinFed #ASTER
Over the past ten sessions, the price has stayed within the $0.67 to $0.73 range, with no session breaking decisively outside it. Today, the price fell back to around $0.70, with the daily candle closing red for the second day in a row.
On the 4-hour chart, EMA9 remains above WMA45, and the RSI is around 54, with neither side clearly in control. But on the 1-hour chart, the price has dropped below EMA9, and the RSI has fallen to 41, suggesting short-term buying pressure is easing.
The $0.697 level is the nearest support and has been tested twice over the past week. If it gives way, the next support lies around $0.667, while resistance is around $0.722.
Binance still classifies $ASTER as a Seed asset, with high risk and potentially thinner liquidity than larger coins.
Personal observation, not investment advice
#TheoDõiFOMC #TinFed #ASTER