$ASTER just saw a strong long liquidation near the $0.4866 level, signaling a sharp downside liquidity sweep that cleared overleveraged buyers from the market. This flush pushed price into an important short-term support zone around $0.47–$0.48 where buyers are likely to step in for stabilization. If ASTER holds above this demand area, a recovery toward immediate resistance near $0.50–$0.52 becomes the primary upside scenario, with the next bullish target sitting around $0.55 where previous supply was formed. Liquidation sweeps like this often reset momentum and allow for healthier rebounds. However, a clean break below $0.47 could lead to deeper consolidation toward $0.44 before stronger buying interest returns. Overall structure hints at a possible bounce attempt after the flush. $ASTER #BuyTheDipOrWaitNow?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ASTER just saw a strong long liquidation near the $0.4866 level, signaling a sharp downside liquidity sweep that cleared overleveraged buyers from the market. This flush pushed price into an important short-term support zone around $0.47–$0.48 where buyers are likely to step in for stabilization. If ASTER holds above this demand area, a recovery toward immediate resistance near $0.50–$0.52 becomes the primary upside scenario, with the next bullish target sitting around $0.55 where previous supply was formed. Liquidation sweeps like this often reset momentum and allow for healthier rebounds. However, a clean break below $0.47 could lead to deeper consolidation toward $0.44 before stronger buying interest returns. Overall structure hints at a possible bounce attempt after the flush. $ASTER #BuyTheDipOrWaitNow?