đš $ASTER/USDT â Technical Breakdown Update
$ASTER continues to extend its downside move, currently consolidating near the 1.136 support zone after multiple failed attempts to reclaim resistance levels.
đ On the 5-min timeframe, the price is trading below the EMA 9 (1.1419), confirming persistent short-term bearish pressure. The structure shows a clear sequence of lower highs and lower lows â a sign of controlled selling momentum.
đ Key Technical Levels:
Immediate Support: 1.136 â watch for potential breakdown toward 1.127
Immediate Resistance: 1.1529 / 1.1667 / 1.1796
EMA 9: 1.1419 (acting as dynamic resistance)
đ Trade Outlook:
A break below 1.136 may trigger another leg down with momentum continuation.
A reclaim above EMA 9 and a 5-min candle close above 1.15 could shift bias to short-term bullish, targeting 1.166â1.179 zones.
âïž Bias: Bearish while below 1.15 â short-term traders should monitor for volume confirmation before entries.
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