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$ASTER
ASTER is maintaining a fairly positive short-term uptrend when the price trades around 0.7608 USDT and is located on all short-term MA lines (MA5, MA10, MA20). After a sharp increase from 0.69 to 0.77, the price is accumulating below the resistance of 0.7780 to absorb the profit.
MA lines stacked in a rising order (MA5 > MA10 > MA20 > MA30) shows that the upward momentum is still maintained. Improved trading volume in bullish candles is a signal that the cash flow is supporting the trend.
● Near resistance: 0.7780 – 0.7900 USDT.
● Near support: 0.7450 – 0.7500 USDT.
● Strong support: 0.7200 USDT.
If the price stays above 0.75 and successfully breaks 0.7780 with good volume, the next target can be towards the 0.80 - 0.82 USDT area. On the contrary, losing the 0.7450 mark will increase the possibility of a correction to MA20 around 0.7180 USDT.
Assessment: The short-term trend is still leaning towards the increase, prioritizing buying at corrections instead of chasing the price when the market is excited.
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