$ASTER Market Pulse: Short Liquidations Signal Bullish Reversal!

A notable $6.60K in ASTER short positions were liquidated at $1.04284, signaling that bears might be losing control. This sudden squeeze reflects renewed buying pressure and a possible shift in market sentiment toward the upside.

Market Snapshot:

Current Price Zone: ~$1.04

Immediate Support: $1.00 — a critical psychological and structural floor where buyers are likely to defend.

Next Resistance: $1.08, followed by $1.12 — zones to watch for profit-taking or potential breakout confirmation.

Market Insight:

The liquidation event indicates short traders were caught off guard, likely triggering a short squeeze that could propel ASTER higher if momentum sustains. Increased volume and liquidations often mark the beginning of a new bullish leg, especially when occurring near a strong support base.

Trading Plan:

Buy Entry (Aggressive): $1.03–$1.05 (on confirmed retest)

Target 1: $1.08

Target 2: $1.12

Stop-Loss: Below $0.99 (to manage downside risk)

Outlook:

Momentum is tilting toward the bulls, and if ASTER maintains above $1.04, it could attract more breakout traders. A sustained close above $1.08 would open the door to a potential short-term rally toward $1.15+.

ASTER is showing strength — traders should watch for a breakout confirmation as liquidations fuel the next upward wave.

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