$ASTER BREAKING: The founder of Aster @Leonard_Aster just announced a partnership with @WLFI Official live in Dubai
Breaking news 🚨 This is bullish for both $ASTER and $WLFI 🤝🏼
WLFIUSDT
Perp
0.1564
-1.51%
ASTERUSDT
Perp
1.0439
+0.16%
$ASTER / Aster
The easy downside is gone.
The red liquidation bands around the floor have thinned out, meaning most of the over-leveraged longs have already been flushed after the move down to $0.88c.
Now look above. From $1.00 to $1.15, the chart is stacked with dense blue bands of short liquidity.
That’s a fuel tank. Sellers have been aggressive on the way down, but they’ve left a massive cluster of stops right above their heads.
If price reclaims $1.00, the chart is going to hunt that liquidity ladder higher.
If it rejects $1.00 and retests below, it'll have no problem clearing out the optimistic longs who have started stacking below.
{future}(ASTERUSDT)
#AsterDEX #TrendingTopic #WriteToEarnUpgrade
The easy downside is gone.
The red liquidation bands around the floor have thinned out, meaning most of the over-leveraged longs have already been flushed after the move down to $0.88c.
Now look above. From $1.00 to $1.15, the chart is stacked with dense blue bands of short liquidity.
That’s a fuel tank. Sellers have been aggressive on the way down, but they’ve left a massive cluster of stops right above their heads.
If price reclaims $1.00, the chart is going to hunt that liquidity ladder higher.
If it rejects $1.00 and retests below, it'll have no problem clearing out the optimistic longs who have started stacking below.
{future}(ASTERUSDT)
#AsterDEX #TrendingTopic #WriteToEarnUpgrade
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