ASTER: 3 Weeks of Accumulation – Is a Big Move Coming Soon?
$ASTER is entering a rare extended accumulation phase on the chart. For nearly the past 3 weeks, the price has mostly moved sideways within the same range, frequently getting swept down but still holding local support and not breaking structure.
The notable point is that trading volume is gradually decreasing. In technical analysis, this is often a signal that supply is gradually running out in the accumulation zone, the kind of market behavior that traders want to see before a strong move.
The important threshold above is at $0.75.