$ASTER Imminent Crash? 📉 Shorting Opportunity Revealed!
Entry: $0.713 - $0.732Stop Loss: $0.749Targets:TP1: $0.660TP2: $0.620TP3: $0.585$ASTER is in a clear downtrend on the 1-hour chart, plummeting from a high of $2.4363 to its current level of $0.6903. Price action displays a consistent pattern of lower highs and lower lows, with no significant reversal signals. Resistance is consistently rejected.
Trading volume is weakening – the 5-period average (277M) is below the 10-period average (388M), indicating dwindling buying pressure. Price remains well below all moving averages, with the 7-period average at $0.7027 and the 25-period average at $0.8881 acting as strong resistance.
With a 66.80% loss over the past 90 days, $ASTER’s long-term downtrend shows no signs of reversing. The current buy/sell ratio (48.92% vs 51.08%) confirms selling dominance. Any rallies towards $0.69-$0.70 should be viewed as shorting opportunities, with potential targets at $0.5528 or lower. 🚨
#CryptoTrading #Shorting #ASTER #Altcoins 🐻
