$ASTER/USDT Update 📉
$ASTER failed to hold the $0.67–$0.68 support level and is now trading around $0.646. This places it right inside the chart's final demand zone.
From the current structure, $ASTER is showing clear weakness. Candles are consistently closing below previous support, and there's no strong bullish reaction in this zone. Momentum is leaning downwards.
This outlook points towards the next major level around $0.55. This zone is identified as the closest liquidity area below the current price.
If $ASTER breaks cleanly under the $0.64 zone, a move towards $0.55 becomes the most probable scenario. This is due to very little significant support existing in between these levels.
🚨 NFA. This analysis represents my current view on $ASTER based solely on the present chart structure.
#Aster #Bearish #TechnicalAnalysis #AsterDEX