Technical analysis for currency $ASTER – 1H frame

Currency $ASTER is currently around $1.41 and is moving within a short-term downtrend.

The price bounced from a strong support area at $1.28 – $1.15.

The 50 moving average is close to the price and is applying pressure.

🔵 Positive scenario:

If the price breaks the downtrend at $1.65 – $1.73, the targets 🎯 $2.02 – $2.22 – $2.48

🔴 Negative scenario:

Breaking support at $1.28 could open the way for levels 🎯 $1.15 – $0.9 – $0.61

📌 Note: It’s best to wait for a candle close above/below the key levels to confirm the movement.

⚠️ Disclaimer: The analysis is for educational purposes only and is not financial advice.