$ASTER —Sellers are taking control.
Short $ASTER
Entry: 0.66 – 0.68
SL: 0.70
TP1: 0.62
TP2: 0.59
Why dump is possible? ASTER is currently putting in a clean rejection at the upper boundary of its ascending parallel channel. We're seeing price exhaust right at the structural resistance where sellers have historically stepped in. With a clear "Red Dot" reversal signal on the 1H timeframe and the RSI cooling off from its local peak, the path of least resistance has shifted to the downside. We're looking for a mean-reversion move back toward the channel's midpoint and eventually the 0.59 demand zone.
Trade $ASTER here 👇
ASTERUSDT
Perp
0.6061
-8.29%