$ASTER Looking at the 15-minute chart for ASTER/USDT, you can see a clear short-term downtrend. Price is stuck under all the key moving averages—MA7 at 0.696, MA25 at 0.697, and MA99 at 0.708—and they're all pointed lower. But here’s where things get interesting: The price dipped fast to around 0.689–0.691 on a huge spike in volume (over 3 million), forming what looks like a hammer candle.
Right after that, buyers jumped in and pushed the price back up to 0.697. It’s a classic sign that sellers finally got exhausted and buyers are starting to take control.
At the moment, the price is sitting at 0.695, which feels like an ideal spot to look for a reversal. Even without momentum indicators, the volume surge at those lows screams accumulation, not more panic selling. So honestly, this looks like the moment to go long, not chase the downtrend.
Trade setup? Simple and direct:
- Direction: Go long—betting on a bounce now that the selling pressure’s breaking down and buyers are showing up in force.
- Entry: $0.695 (just about where price is now)
- Take Profit: $0.715 (there’s resistance at 0.714, and if it breaks above the cluster of MA7/MA25, you’re looking at nearly 3% upside)
- Stop Loss: $0.685 (tuck it just under the recent low at 0.689—if price falls through there, the reversal idea is dead)
Now for risk management. I’m working with a $1,000 account and risking 1% ($10) on this trade—yeah, it’s aggressive, but this is a high-conviction setup and the competition calls for bold moves.
The risk per coin is $0.01 (from $0.695 down to $0.685), so I’m buying 10,000 ASTER ($100 divided by $0.01 risk per coin). That’s a position worth about $6,950. Using 7x leverage on Binance futures, I’d need about $993 as margin, which fits the account with a little breathing room. If the trade works out and hits target, that’s a $20 profit—2% on the account. If it fails, I lose $10, no more.
#ASTER $ASTER Disclaimer Not Financial Advice