$AST /USDT ATTEMPT TO TAKE OFF – WILL IT HOLD?

$AST is trading at $0.0550, an increase of 11.79%, after reaching a 24-hour high of $0.0602. The price faces resistance and could continue its rally or experience a pullback.

Key Levels to Watch

Resistance: $0.0602 – A breakout above this could push AST towards $0.062 and $0.065.

Support: $0.0474 – Losing this level could send AST to $0.045.

Trade Setup

Long Entry: Above $0.056, aiming for $0.0602 and $0.062.

Short Entry: Below $0.050, targeting $0.0474.

Stop-Loss: $0.048 for longs, $0.058 for shorts.

Market Outlook

The MACD is positive, indicating bullish momentum.

The order book is bullish, with 64.01% buyers.

Volume is increasing, supporting the upward movement.

AST must break and hold above $0.0602 to confirm a further rise. Otherwise, rejection could lead to consolidation.

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