$ASTER Perpetual is consolidating after a significant rally and subsequent sharp pullback. ASTER is currently trading at $1.733 and is attempting to hold a critical support level after rejecting a previous high of $1.758.
The price is up +1.92% over the past 24 hours, suggesting bulls are defending the current zone, preventing a drop back toward the local swing low of $1.691.
The overall structure shows the price contained within a tight range near the $1.70 level, indicating reduced volatility as market participants determine the next move.
A decisive breakout above the recent high of $1.758 would likely target the next resistance zone, while a break below $1.691 could signal a deeper retracement.
