$ASTER 😮Current suggestion is to go long😶because of the daily level
Bullish trend is consolidating, short-term momentum is gradually recovering:
- The price has risen from 0.5528 to 2.0200 and then pulled back for consolidation, which belongs to the "consolidation within a bullish trend" structure;
- After consolidation, bullish momentum is gradually recovering, and the support below is clear.
4-hour level
Rebound momentum is sufficient, bullish trend continues:
- Momentum indicator: RSI (68.78) is bullish, KDJ in the bullish zone, rebound momentum is sufficient;
- Price structure: belongs to the "continuation after consolidation" pattern, with support focused on the 1.4 area.
1-hour level
Moving average support is effective, bullish trend remains unchanged:
- Moving average relationship: EMA is in a bullish arrangement, price is consolidating around 1.7453;
- Momentum indicator: RSI (64.84) is neutral, MACD shows red bars, bullish trend remains unchanged;
- Price structure: belongs to the "consolidation after moving average support" pattern, with support seen at the 1.6 area.
15-minute level
Consolidating within a bullish trend, short-term momentum is relatively sufficient:
- Moving average relationship: EMA is in a bullish arrangement, price is consolidating around 1.7464;
- Momentum indicator: RSI (67.54) is bullish, MACD is close to the zero axis, short-term bullish momentum is sufficient;
- Price structure: belongs to the "consolidation within a bullish trend" structure, with support seen at the 1.7 area.
