$ASTER /USDT: BULLISH CONTINUATION WATCH
The ASTER/USDT 15-minute chart displays a powerful impulse leg upward, which has now transitioned into a high-level consolidation phase. The market is currently absorbing supply near the recent high, setting the stage for the next directional move.
Technical Observations:
* Trend Status: The price is firmly trading above all displayed Moving Averages, which are fanning out in a strong bullish configuration. This indicates overall short-term strength.
* Key Consolidation Zone: The price is battling around the $2.3000 psychological level and the MA(7) at $2.3049. This horizontal movement suggests equal pressure from buyers and sellers after the explosive rally.
* Resistance: The immediate hurdle is the 24h High at $2.4363. A clear breach of this level will confirm the continuation of the uptrend.
* Support: The MA(25) at $2.1537 remains a critical dynamic support.
Market Next Move: BULLISH BREAKOUT
Given the strong preceding momentum and the price holding above key support MAs, the higher probability scenario is a bullish breakout from the current consolidation.
Potential Trade Setup (Illustrative Only):#BinanceHODLerHEMI
| Direction | Entry Zone | TP 1 (Target) | TP 2 (Target) | SL (Stop Loss) |#BinanceHODLerHEMI
|---|---|---|---|---|#BinanceHODLerXPL #BinanceHODLerHEMI #BNBBreaksATH