Aster (ASTR) Holds Above $1 Support — Range-Bound Structure

Aster price action continues to show structural stability, holding firm above the $1.00 support region for several consecutive days. This area has become a key defensive zone, suggesting that buyers are actively maintaining control at this level and absorbing short-term sell pressure.

The next major resistance lies at $1.22, where a potential rotation toward this level could meet profit-taking or a technical rejection. Should rejection occur, it would likely establish a well-defined trading range between $1.00 and $1.22, allowing price to consolidate before the next directional move unfolds.

Key Points:

- Support Zone: Aster continues to hold the $1.00 support, showing local strength.
- Resistance Level: The $1.22 region marks the next test for bullish momentum.
- Range Formation: A rejection from $1.22 could establish a sideways trading range between $1
and $1.22.

From a technical standpoint, the market structure remains constructive while above $1.00, but clear confirmation of breakout strength is still needed.

What to Expect:

Expect range-bound trading between $1.00 and $1.22 in the near term. A break and close above $1.22 would confirm bullish continuation, while failure to hold $1.00 could reintroduce bearish momentum toward lower supports.