🔥$ASTER
Long Setup Against Bearish Trend
* K-line indicates potential hammer patterns forming near 0.643 support with rising volume, signaling selling pressure may be easing.
* Rejection from 0.709 created a lower high, but consolidation above 0.643 points to a possible base.
* Technicals hint at a reversal, though the broader market remains bearish below 0.670.
* Recent downside candles showed high volume (27M at 0.638 low), suggesting absorption, while current consolidation shows lower volume.
Capital Flow: 1H/2H inflows (108K/274K USDT) indicate potential short-term stabilization.
Long Entry:
* Ideal: Break above 0.660 with volume confirmation
* Aggressive: 0.654–0.656 with strict stop below 0.639
Stop Loss: 0.631 (based on ATR volatility)
Targets: 0.687 – 0.701
ASTERUSDT Perp at 0.6487 (-6.56%)
Watch for a drop below 0.639, which would invalidate this setup and point toward 0.626.