DeFi took an unexpected turn as ASTER DEX rolled out “Machi Mode,” a feature that rewards traders with points for liquidations, even retroactively applying past losses. Whether this becomes compensation for pain or an incentive for reckless risk-taking is still up for debate, but it is undeniably shaking up perp DEX culture.
ASTER is forming a basin-bottom structure here. If price can hold and flip the 1.20–1.18 zone into support, the broader structure stays constructive.
A clean breakout-and-retest is possible if mid-range support continues to hold. But if 1.14 gives way, a deeper retest toward the 1.09–1.04 zone becomes likely.
ASTER is forming a basin-bottom structure here. If price can hold and flip the 1.20–1.18 zone into support, the broader structure stays constructive.
A clean breakout-and-retest is possible if mid-range support continues to hold. But if 1.14 gives way, a deeper retest toward the 1.09–1.04 zone becomes likely.
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
Content in partnership with:
twitter.com/mooncakexbt
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.