$ASTER The bearish sentiment has been fully washed out, and now comes the golden opportunity!$ASTER

After ruthlessly clearing out high-level floating leverage and dropping to a low of $0.588, confirming a temporary bottom, today’s bulls demonstrated strong buying support at the low levels, with the price steadily rebounding to around $0.629. As short-term floating positions are thoroughly cleared, a new upward channel is quietly taking shape.

Along with recent rumors that several top venture capital firms plan to increase investments and extend lock-up periods, the spot selling pressure in the market was instantly locked in. This deflationary expectation and the strong institutional backing are forcing high-level derivative short positions into a dead end.

On the 4-hour chart, the price confirmed strong support at $0.588 and is now at a critical point preparing to break through the short-term moving average (MA7, about $0.633). As long as the price breaks through $0.635 with volume within the next 24 hours, the previous downward channel will be completely torn apart.

Once $0.635 shifts from resistance to a firm support, the accumulated short positions in the derivatives market will face an epic “short squeeze” liquidation. They will turn into the most powerful fuel for the bulls, helping ASTER directly surge toward the mid-term key resistance zone at $0.677 (MA99), once again starting a dominant rally!!!