🌩️ ASTER/USDT no 1h – Reaction or just a breath? 💨
📉 Strong hit in the last hours!
The price of ASTER dropped almost -12%, reaching a low of $0.765, but is now trying to recover at $0.822. A mini breath… but will it hold?
⸻
📊 Moving Averages (MA) – Still under pressure!
• MA7: $0.809 ✅ (price above = very short term improving!)
• MA25: $0.864 ❌
• MA99: $0.928 ❌
🧠 Despite the attempt to recover, ASTER is still well below the longer averages, indicating that the downtrend continues to dominate.
⸻
🧘 RSI trying to rise
• RSI(6): 48 – almost neutral, trying to break 50 👀
• RSI(12): 37
• RSI(24): 34
📌 The RSIs are still in low regions, but RSI(6) is almost breaking upwards — a sign of strength in the short term, but needs to confirm!
⸻
🔥 Volume: Exploded during the drop!
We had a peak in volume during the strong drop. Now the volume is calming down, but the green candles with this breath indicate that buyers are appearing, albeit timidly.
⸻
⚔️ Support and Resistance
• Strong support: $0.765 (last low)
• Resistance: $0.864 (coincides with MA25)
⚠️ To think about a game change, it needs to break this zone of $0.86 with strength and volume.
⸻
📌 Final Summary
👉 ASTER tried to get up after taking a beating…
👉 Weak reaction for now, but improves if it breaks $0.864.
👉 RSI and MA7 give a bit of hope in the short term.
👉 If it loses support at $0.765 again… it’s downhill. 😵💫
