After experiencing multiple rounds of positive news, $ASTER still shows weak performance. Now the project team is making a renewed effort, not only pouring traffic red envelopes but also setting the rhythm themselves. Honestly, if this wave can't lift the price, those who should clear their positions should do so. Since the official has taken action, at least in the short term, avoid continuing to go all-in on short positions.
From a sentiment perspective, this round of rhythm is quite strong and can boost bullish enthusiasm. But more importantly, the market itself is speaking—on the daily chart, the price has re-closed above the BOLL middle band, the MACD indicator has formed a golden cross, and the red histogram is just beginning to appear, indicating that momentum is accumulating. Even more importantly, the trading volume has broken through the 5-day moving average line, showing signs of increasing volume, which suggests that genuine capital is starting to enter the market.
From the previous rebound from low-volatility consolidation to now, the price structure has already moved away from that repeatedly confirmed bottom range. The overall technical picture shows signs of stabilization and upward attack, and at least in the short term, the defensive line seems to be holding steady.
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After experiencing multiple rounds of positive news, $ASTER still shows weak performance. Now the project team is making a renewed effort, not only pouring traffic red envelopes but also setting the rhythm themselves. Honestly, if this wave can't lift the price, those who should clear their positions should do so. Since the official has taken action, at least in the short term, avoid continuing to go all-in on short positions.
From a sentiment perspective, this round of rhythm is quite strong and can boost bullish enthusiasm. But more importantly, the market itself is speaking—on the daily chart, the price has re-closed above the BOLL middle band, the MACD indicator has formed a golden cross, and the red histogram is just beginning to appear, indicating that momentum is accumulating. Even more importantly, the trading volume has broken through the 5-day moving average line, showing signs of increasing volume, which suggests that genuine capital is starting to enter the market.
From the previous rebound from low-volatility consolidation to now, the price structure has already moved away from that repeatedly confirmed bottom range. The overall technical picture shows signs of stabilization and upward attack, and at least in the short term, the defensive line seems to be holding steady.