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$ASTER solid bullish feel, but those overbought signals are making me a bit wary. I'm thinking cautious long – the trend's up, but it's overheated, so better to hang back for a dip.
Price action's interesting: it's bumping up against Resistance level at 0.7246 but keeps getting rejected around the 24-hour high of 0.7268. Definitely some sellers hanging out there.
Volume-wise, the last few 4-hour candles are showing a drop-off (like the most recent one at just 230,975 compared to the usual 20-50 million range), which screams to me that the push is losing steam right up against resistance.
On capital flows, short-term stuff from 5-min to 4-hour charts looks good with positive net inflows in contracts (think +3.68M USDT on 4H), pointing to some leverage piling up on the bull side. Spot flows are okay but mixed – +772k in 12 hours and +494k over 24 – feels like retail folks are dipping in, but no big institutional guns blazing yet.
Entry Longs
$ASTER : around 0.710-0.712, where MA5 support meets the Bollinger mid-band. Or, if you're aggressive, wait for a clean break over 0.7270 with some real volume behind it to confirm the next leg up.
Stop-loss: I'd set it about 3% under your entry (say 0.6880 if you're in at 0.7100), which lines up nicely with Support level at 0.6981 and the MA20.
Targets
$ASTER : Aiming for 0.734-0.737 around resistance level and MA120.
#aster #ASTERUSDT #AsterDEX