$ASTER From Market Structure to Smart Decisions (Daily Timeframe Analysis)
On the daily timeframe, the ASTER/USDT chart shows a market transitioning from a clear downtrend (lower highs, lower lows) into a potential short-term recovery, but the higher-timeframe structure still dominates, reminding us that big picture beats noise; price recently bounced from a strong support zone around $0.63–$0.65, confirmed by long lower candlestick wicks that signal aggressive buyer rejection at lows, while the current price near $0.70 is approaching a minor resistance ceiling around $0.72–$0.75, where sellers previously stepped in (
#SupportResistance ). Volume expanded on the bounce, which adds validity to the move and reduces the chance of a fake-out, yet volume is still not explosive enough to confirm a full trend reversal (
#volumeprofile ). The moving averages tell an important story: price is reclaiming short MAs (20/50), suggesting improving momentum, but it remains well below the long MA (200), keeping the macro bias cautious (
#MovingAverages ). From a confluence perspective, we have (1) support reaction, (2) improving volume, and (3) momentum shift, but without a confirmed higher high on the daily, this remains a probability play, not certainty, aligning with the 70/30 rule that markets range more than they trend
#CONFLUENCE ). Practical verdict: for the short term, a speculative buy is reasonable with targets near $0.75–$0.80 if volume holds and momentum continues; for the long term, this is still a wait or cautious accumulation zone, not an aggressive buy, until ASTER reclaims and holds above the 200 MA with a confirmed higher-high structure—risk management and a clear stop below support are non-negotiable (
#RiskManagement ).
$ETH $BNB