$ASTER at the 4H level has broken through the previous high with increased volume, and is currently consolidating around 0.612. Price action shows continuous buying absorption, with no panic selling, indicating a healthy reset after the breakout.
🎯 Direction: Long
🎯 Entry: 0.608 - 0.615
🛑 Stop Loss: 0.583 (rigid stop loss, below the low of the previous breakout candlestick)
🚀 Target 1: 0.650
🚀 Target 2: 0.690
Logical Analysis: The 4H level has seen a continuous rise with 6 consecutive bullish candlesticks, with the last candlestick accompanied by increased volume (80.6M) and buying ratio (0.53), confirming the validity of the breakout. Open interest is stable, with no short squeeze, driven by institutional funds. The current market has concentrated buy orders (0.611-0.612 area), forming a support cushion. Takers continue to buy, with a funding rate of only 0.005%, showing no overheating leverage. Prices are fluctuating narrowly above the breakout point, characteristic of a typical accumulation structure after a breakout, with a higher probability of upward movement.
Trade here 👇$ASTER ---
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