$ASTER USDT BEARS TAKE CONTROL – POSSIBLE DOWNSIDE AHEAD
After an explosive rally to the $2.0200 high, $ASTERUSDT has entered a strong corrective phase with consecutive red candles on the 15-minute chart. Price has broken below the $1.63 support zone and is now hovering near $1.59, indicating weakening bullish momentum and a potential continuation of the short-term bearish trend. Unless buyers reclaim $1.64 quickly, the pair may drift lower towards its recent lows.
Trade Setup:
Entry (Short): $1.60 – $1.61
Target (TP1): $1.55
Target (TP2): $1.50
Stop Loss (SL): $1.66
Market Outlook:
The overall structure shows a lower high and lower low pattern on the intraday chart, which favors the bears in the short term. However, sustained buying pressure above $1.66 would invalidate the bearish setup and could shift momentum back to the bulls.
#CryptoTrading #TechnicalAnalysis #ASTERUSDT #PriceAction #MarketOutlook
buy and trade here on $ASTER