$ASTER
A clean Head & Shoulders is shaping up right on top of local support. The $0.70 zone has been defended multiple times over the past week, but buyers are clearly losing momentum and reactions are getting weaker.
If $0.70 gives way, price likely rotates down to test the $0.65 trend support where the higher timeframe structure sits. A lot of late longs entered around $0.75, which is now creating heavy overhead supply and constant selling pressure on every bounce.
This level is critical for bulls to maintain control.
Trade here
ASTERUSDT
Διην.
0.7067
-0.36%