$ASTER sat on the 0.62 area for almost a week. Nov 9, Nov 10, then again yesterday, buyers kept defending it.
Then at 19:00 UTC it just gave way. 0.618 to 0.478 in about two hours, roughly 22% gone, on the biggest daily volume since late September.
That 0.478 wick is the lowest price since February. Bounced to around 0.528 now, which is nice but it's a bounce inside a breakdown for me.
First thing I want is an hourly close back over 0.55, that's where the dump candle closed. Even then 0.62 flipped from floor to ceiling and probably gets sold the first time.
Lose 0.478 again and the February low at 0.403 is the next real level on the chart.
Then at 19:00 UTC it just gave way. 0.618 to 0.478 in about two hours, roughly 22% gone, on the biggest daily volume since late September.
That 0.478 wick is the lowest price since February. Bounced to around 0.528 now, which is nice but it's a bounce inside a breakdown for me.
First thing I want is an hourly close back over 0.55, that's where the dump candle closed. Even then 0.62 flipped from floor to ceiling and probably gets sold the first time.
Lose 0.478 again and the February low at 0.403 is the next real level on the chart.
