Aster prices continue to trade within well-defined price channels, with accurate respect for each pivot. Current price actions suggest corrective actions that can set the bullish turn stage higher.
summary
- Aster trades on defined channelsaccurately respects pivots.
- $1.70 Main Support Match the control point with 0.618 Fibonacci.
- Holding support sets bullish movement $2.70 Channel Resistance.
Aster’s (Aster) price action moves within a structured channel, with each pivot level marking a turning point before expansive movement. Recently, prices tested the channel’s resistance to the dollar and then followed it towards the value area. This pullback is an important test of support, and how the price responds here determines whether Aster will return to channel decline or resume its bullish trajectory.
At the same time, the decentralized tokens backed by top leaders have been poised to challenge the dominance of hype in the coming weeks, adding a wider competitive angle to the market narrative.
Important technical points of Aster price
- Defined pricing channels: Price Pivot is consistently respected within the channel.
- $1.70 Key Confluence: The support zone includes control points and 0.618 Fibonacci retracement.
- Upward channel target: The bullish continuation aims for a channel resistance of $2.70.
Value Area High is a key pivot for Aster’s current channel. Failure to maintain this level could trigger a full rotation towards the channel row that was already accurately tested in the previous session. This low boundary coincides with some large confluences, points of control and 0.618 Fibonacci retracement around $1.70. Together, these levels create a strong technical support zone.
If the buyer intervenes at this confluence, the bullish structure of Aster remains intact. Above $1.70, the broader market structure will strengthen and continue to increase at highs and higher lows. In this scenario, current corrective movements can be interpreted as the establishment of higher and lower lows, a common precursor of continuance in bullish channels.
From a structural perspective, Aster remains healthy. This type of fix often provides an opportunity for accumulation before the next expansion leg. Volume analysis and lower time frame responses are important in verifying whether $1.70 serves as a durable stepping stone. CZ’s “well done” further elevates the emotions around Aster, and many see it as the beginning of a potential challenge to Hyper Liquid’s lead.
The ultimate bullish target remains a channel that is close to $2.70. A successful $1.70 confluence sets a stage for Aster to spin back to this level and extend the bullish trajectory.
What to expect from future price action
If Aster holds a $1.70 support zone enhanced by points of control and Fibonacci confluence, a bullish spin to $2.70 results in a high speed. Without this level, further downside tests could be triggered, but the wider channel structure still favors a higher continuity.