Most people are looking at the wrong spot on this $ASTER ‌ chart.



We just hit a massive wall at 0.731 and the rejection was pretty instant. You can see that long wick sticking out like a sore thumb. It’s a classic sign that the big players are taking profits as soon as it pokes its head above the recent range.

I’m looking for a pullback to the 0.690 level to see if buyers actually have any conviction. If it holds there, we might get another leg up. If not, we're likely heading back into that choppy 0.650 zone we just escaped.

Volume is decent but honestly not enough to sustain a breakout through that top resistance yet. Don't get caught FOMOing into the local top.

#GateSquareMayTradingShare #BTCBackAbove80K
ASTER-2.17%
post-image
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin