$ASTER ⚠️High-risk currency, currently the bulls have temporarily cooled down. If shorting, do not take high leverage positions. If it continues to grow by 50%, you must set a stop loss.
Daily Level
After a significant surge, it is in a high-level pullback period, and the bullish trend has paused:
- Price Structure: After surging explosively from a low of 0.5528 to 2.0200, it has retreated for consolidation, belonging to the "high-level pullback after a surge" pattern;
- Key Support: Focus on the 1.4478 area.
4-Hour Level
After severe overbought conditions, there is a pullback, and bullish momentum has temporarily paused:
- Momentum Indicators: RSI (100) is severely overbought, KDJ has turned down from a high, and pullback pressure is significant;
- Price Structure: It has retreated from a high of 2.0200, belonging to the "pullback after overbought" pattern.
1-Hour Level
After the pullback, there is weak consolidation, and momentum recovery is limited:
- Moving Average Relationship: EMA is in a bullish arrangement, with prices consolidating around 1.84. If it breaks short-term support, there will be room for further decline;
- Momentum Indicators: MACD red bars are reducing, RSI (68.23) is relatively strong, and consolidation momentum is weak;
- Price Structure: It belongs to the "weak consolidation after a pullback" pattern, with support at 1.5573.
15-Minute Level
Consolidation in a bullish trend, with short-term momentum slightly weakened:
- Moving Average Relationship: EMA is in a bullish arrangement, with prices consolidating along the short-term moving average;
- Momentum Indicators: RSI (47.63) is neutral, MACD green bars are reducing, and short-term bullish momentum is continuously weakening;
- Price Structure: It belongs to the "consolidation in a bullish trend" structure, with support at 1.8027.