🚨$BTC

BTC

68,825.9

-2.54%

$ASTER — Trend Is Clear, Sellers In Control

Market structure says it all.

On the 1H chart, $ASTER continues to print clean lower highs and lower lows, confirming a sustained downtrend. Every bounce has been rejected aggressively — most notably around 0.625 and 0.620, where sellers stepped in with authority.

The recent breakdown below 0.583, a key structural level aligned with the lower Bollinger Band, shifts momentum decisively bearish and opens the path toward 0.566.

What stands out now is the quality of the bounces — weak reactions, declining volume, and zero follow-through. Buyers aren’t stepping up. Conviction is missing.

📉 Trade Plan — Short Bias

Short Entry:

• Retest zone 0.588 – 0.592 (MA5 + resistance confluence)

• OR continuation break below 0.578

Stop Loss:

• 0.61 (if entering on retest)

Targets:

• TP1: 0.566

• TP2: 0.552

As long as price remains below prior resistance, bounces are sells, not reversals.

📌 Trend traders stay patient.

📌 Reactive traders get chopped.

Support the setup — Click Trade below 👇

#ASTER #ASTERUSDT #CryptoTrading #Write2Earn