AsterUSDT on the 1H timeframe is approaching a major resistance zone (2.10 – 2.20) after bouncing strongly from the support area near 1.80. The strong support remains around 1.50 – 1.55, which has acted as a key demand zone before.
Price is trading above the 200 EMA (1.87) showing short-term bullish momentum, but RSI is nearing 60-65 — a zone where past rallies paused. A clean breakout above 2.20 could open the way to retest the all-time high near 2.43, while rejection from this level may lead to a retest of 1.80 support.
Fundamentals:
Aster has recently gained attention after reports of whale accumulation (~$7.5M USDT) and rising open interest in its perpetual markets. Endorsements from major figures and new integrations like Trust Wallet support for Aster perpetuals have fueled sentiment. However, analysts warn of token concentration and possible unlocks, which could increase volatility.
📊 Bias: Neutral-Bullish
🕓 TF: 1H
📈 Levels to Watch:
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Price is trading above the 200 EMA (1.87) showing short-term bullish momentum, but RSI is nearing 60-65 — a zone where past rallies paused. A clean breakout above 2.20 could open the way to retest the all-time high near 2.43, while rejection from this level may lead to a retest of 1.80 support.
Fundamentals:
Aster has recently gained attention after reports of whale accumulation (~$7.5M USDT) and rising open interest in its perpetual markets. Endorsements from major figures and new integrations like Trust Wallet support for Aster perpetuals have fueled sentiment. However, analysts warn of token concentration and possible unlocks, which could increase volatility.
📊 Bias: Neutral-Bullish
🕓 TF: 1H
📈 Levels to Watch:
- Resistance : 2.10 – 2.20
- Support : 1.80
- Strong Support : 1.50
- All-Time High : 2.4363
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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.