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📊Technical Analysis (1 hour) $ASTER /USDT

1. Price and Trend: Current price is 1.130 USD with a decline of 5.35%. The chart shows a recent decline after a local high (1.2599), indicating a possible correction or change in trend from an upward to a sideways or bearish trend.

2. Moving Averages (MA):

• MA(5): 40,189,941 (short-term) and MA(10): 31,016,041 (medium-term) indicate a decrease in trading volume, which may confirm weakening momentum.

3. Bollinger Bands (20, 2): The price has approached the lower limit (1.1365), which may signal oversold conditions. A break below may indicate further declines.

4. MACD: The value is close to zero (0.0091), with a downward trend, indicating weak bearish momentum.

5. Stochastic RSI: The value is 5.1066 (low), which may indicate oversold conditions, but is not yet a buy signal, as the line is still declining.

6. Volume: There is a significant decrease in volume (36,579,610), which may indicate a loss of investor interest.

⚠️Conclusion: The asset is currently in a zone of possible reversal or consolidation. It is recommended to watch for a breakdown of the level of 1.1365 (lower Bollinger Band) or a return to 1.1963 (middle line).

Buy Signal: 🟢

Consider buying ASTERUSDT on a breakout of 1.1365 (lower Bollinger Band) with increasing volume and confirmation by Stochastic RSI (>20).

Sell Signal: 🔴

Sell is advisable on a drop below 1.1167 with increasing volume or when resistance at 1.1963 is reached without confirmation of growth.