[ASTER SMC 10/11] $ASTER 0.6493 USDT | Today: Staying out, waiting for confirmation
ASTER just broke below its H4 low, but this isn’t the time to rush in. I’m choosing to sit tight and observe.
1. THE BIG PICTURE
- D1 (daily timeframe): Bearish.
- H4 (4-hour timeframe): Still bearish.
- My view: Staying out. Price hasn’t given a clear confirmation signal yet, so I’m waiting to see how it reacts at the levels below.
- Compared with BTC over 90 days: correlation 0.53, beta 0.7. ASTER moves fairly closely with BTC, so remember to check BTC before making any moves.
2. WHY AM I STAYING OUT?
- The most recent H4 high is at 0.7324, still quite far from the current price (+12.8%).
- Price has broken below the most recent H4 low at 0.6562.
- Momentum is weak: D1 MACD is red, with bars getting deeper. ADX at 29 indicates a clear trend.
3. PRICE LEVELS TO WATCH
- Support: 0.6238 (20-day low).
- Resistance: 0.6753 - 0.6872 (supply zone, H4 Order Block).
- Potential buy zone: 0.6238, only if there’s a confirmation signal.
- Potential sell zone: 0.6753 - 0.6872, only if there’s a confirmation signal.
4. TWO SCENARIOS FOR TODAY
- Bullish: Price must hold 0.6238 and then break above 0.6872 to confirm an uptrend. Next target: 0.7324.
- Bearish: If price breaks below 0.6238 and fails to reclaim this level, the trend could weaken further. Next target: 0.6022.
5. WHEN WOULD I BE WRONG?
An H4 candle closes above 0.6872 or below 0.6238: the market has chosen a direction, and I’ll need to reassess from scratch.
RISKS TO KEEP IN MIND
- The average daily range is around 4.3% (D1 ATR): price could easily sweep through these levels before choosing a direction.
- An Order Block is only an area to watch; it may not hold. Macroeconomic news can cause sharp price movements and slippage.
Price at the time of writing: 0.6493 USDT (18:14 10/11/2026, UTC+7). Markets move fast, so always use a stop-loss when entering a trade.
This is my personal view for reference, not investment advice.
📰 Axion News | @axioncryptonews
💬 Which coin are you keeping an eye on? Leave a comment so we can discuss it together. If you found this post useful, please like and share 👍
#ASTER #SMC #DeFi #BNBChain #AxionNews
ASTER just broke below its H4 low, but this isn’t the time to rush in. I’m choosing to sit tight and observe.
1. THE BIG PICTURE
- D1 (daily timeframe): Bearish.
- H4 (4-hour timeframe): Still bearish.
- My view: Staying out. Price hasn’t given a clear confirmation signal yet, so I’m waiting to see how it reacts at the levels below.
- Compared with BTC over 90 days: correlation 0.53, beta 0.7. ASTER moves fairly closely with BTC, so remember to check BTC before making any moves.
2. WHY AM I STAYING OUT?
- The most recent H4 high is at 0.7324, still quite far from the current price (+12.8%).
- Price has broken below the most recent H4 low at 0.6562.
- Momentum is weak: D1 MACD is red, with bars getting deeper. ADX at 29 indicates a clear trend.
3. PRICE LEVELS TO WATCH
- Support: 0.6238 (20-day low).
- Resistance: 0.6753 - 0.6872 (supply zone, H4 Order Block).
- Potential buy zone: 0.6238, only if there’s a confirmation signal.
- Potential sell zone: 0.6753 - 0.6872, only if there’s a confirmation signal.
4. TWO SCENARIOS FOR TODAY
- Bullish: Price must hold 0.6238 and then break above 0.6872 to confirm an uptrend. Next target: 0.7324.
- Bearish: If price breaks below 0.6238 and fails to reclaim this level, the trend could weaken further. Next target: 0.6022.
5. WHEN WOULD I BE WRONG?
An H4 candle closes above 0.6872 or below 0.6238: the market has chosen a direction, and I’ll need to reassess from scratch.
RISKS TO KEEP IN MIND
- The average daily range is around 4.3% (D1 ATR): price could easily sweep through these levels before choosing a direction.
- An Order Block is only an area to watch; it may not hold. Macroeconomic news can cause sharp price movements and slippage.
Price at the time of writing: 0.6493 USDT (18:14 10/11/2026, UTC+7). Markets move fast, so always use a stop-loss when entering a trade.
This is my personal view for reference, not investment advice.
📰 Axion News | @axioncryptonews
💬 Which coin are you keeping an eye on? Leave a comment so we can discuss it together. If you found this post useful, please like and share 👍
#ASTER #SMC #DeFi #BNBChain #AxionNews
