$ASTER – H&S Forming at Key Support Zone
A well-defined Head & Shoulders pattern is developing right at local support. The $0.70 level has been defended several times this week, but each bounce is showing weaker follow-through — a sign that buying momentum is fading.
If $0.70 breaks decisively, downside rotation toward the $0.65 trend support becomes the next logical move, where higher timeframe structure is positioned.
Notably, a large cluster of late longs entered near $0.75, creating significant overhead supply. Every bounce into that region is facing consistent sell pressure, limiting bullish expansion.
This is a pivotal level — bulls must defend $0.70 to maintain structure. A breakdown shifts short-term control to sellers and increases the probability of a deeper pullback.
#VVVSurged55.1%in24Hours #trading #altcoins #Write2Earn #ETH
