✅ What’s bullish
$ASTER recently broke out of a falling-wedge/double-bottom style pattern, which is often a bullish reversal sign.
The project announced a token-buyback programme, which helps reduce circulating supply and can be supportive of price.
Strong ecosystem developments: increased on-chain income, growing trading volume and strategic collaborations.
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⚠️ What to be cautious about
Momentum indicators (RSI, money-flow) are showing some bearish divergences — meaning price rose but underlying buying pressure didn’t rise at the same pace. This raises the risk of a pullback.
High leverage exposure: many long positions are clustered, meaning if the price dips the forced liquidations could amplify a drop.
Critical support and resistance levels exist: If support fails, downside risk increases; conversely a break of resistance is needed to confirm strong upside.
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🎯 Key Levels & Outlook
Support: ~$1.09 is a short-term important support. If this breaks → next support near ~$0.94.
Resistance / Breakout trigger: A clean close above ~$1.28-$1.30 would be bullish and could open the way toward ~$1.50 and beyond.
Upside potential: If favourable momentum continues and resistance is broken, targets around ~$2.40-$3.00 are discussed in the market.
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