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ASTER's performance in the past 24 hours has been quite good, rising about 11.40%. However, from a technical perspective, although the short-term momentum is still quite strong, the problem is that the price has already surged to the 24-hour high near 0.7950, which has become a wall.
Careful examination of the price movement shows a relatively obvious upper shadow at the 0.7950 level, which is a typical resistance signal. In other words, the upward momentum may be running out of steam.
Therefore, it is advisable to be more cautious in operations. For short-term trading, taking profits directly at the 0.7950 high is smarter; don't be greedy. Keeping position size below 30% is safer. If the price really moves down, set the stop-loss at 0.7500.
Simple summary: Take profits when the trend is good, control risks, and don't let previous gains go to waste.