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Ever feel like you missed the train right as it's leaving the station?
$ASTER is vertical right now and it's looking crazy.
We just cleared 0.650 with some serious momentum, but honestly, buying at the top of a parabolic move like this is how people get stuck holding bags.
The volume is definitely there, but we are reaching a point where a "cool off" is almost mandatory.
If you’re looking for an entry, I’d be watching for a retest of that 0.580 area to see if it actually holds as new support.
If it doesn't slow down, the next psychological barrier is probably 0.700, but the RSI has to be screaming for help by now.
I'm staying patient and waiting for a pull back because chasing this green candle is a gamble, not a trade.
Safe to enter or is the trap being set?
#CryptoSurvivalGuide