Aster (ASTR) Tests Key Resistance as 0.618 Fibonacci Converge

Aster price action is currently approaching a critical resistance region while maintaining support at $1.20 on the daily timeframe. This level has acted as a solid structural base, providing the foundation for the recent upward rotation.

The 0.618 Fibonacci retracement aligns directly with local resistance, forming a strong confluence zone where a potential rejection could occur. This makes the current region pivotal for both bulls and bears — with any decisive reaction likely to set the short-term direction.

Key Points:

Daily Support: Established at $1.20, providing a key structural base.
Resistance Zone: The 0.618 Fibonacci level acts as local resistance and a potential turning point.
Double Bottom Setup: A rejection here could allow a double-bottom entry on the 4H timeframe.


If Aster rejects from the current resistance, traders should monitor for a rotation back toward the $1.20 support zone to confirm strength and accumulation. A breakout, however, could trigger a broader rally continuation toward higher liquidity regions.

What to Expect:

Expect heightened volatility around this resistance. A rejection would signal a corrective rotation toward $1.20, while a breakout could open the path to $1.35–$1.40 targets.