$ASTER /USDT🥂
ASTER understanding support and resistance is essential. Support levels, such as $0.38 and $0.42, serve as price floors where buying interest may prevent further declines. Resistance levels, near $0.50 and $0.55, act as ceilings where selling pressure can limit upward movement. Monitoring these zones helps traders identify potential entry and exit points.
Effective risk management is key: placing stop-losses just below support levels and adjusting position size can protect capital from unexpected swings. Combining these strategies allows traders to navigate the market with discipline while minimizing potential losses.