Aster / USDT
Long

ASTER Price Eyes a Rebound as Bullish Setup Strengthens

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ASTERUSDT (ASTER) has dropped around 4% daily and 24% weekly, but price action hints at a possible short-term rebound. The token is forming a broadening falling wedge, often linked with reversal phases, while momentum shows early signs of recovery.

The MACD is flashing three bullish signals — lighter red histograms, an upward curl in the MACD line, and a bullish divergence between October 17–20 as price made lower lows but momentum didn’t. These align with growing whale interest, which has lifted holdings by 2.3% over the past 24 hours.

If ASTERUSDT closes above $1.12, it could target $1.28–$1.53, and possibly $1.79. Failure to hold $0.93 would invalidate this setup and risk a drop toward $0.80.

Levels to watch:
Resistance — $1.12 / $1.28 / $1.53 / $1.79
Support — $0.93 / $0.80

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