ASTERUSDT SPOT
Long

ASTER Correction Ending Soon? Watch These Levels!

1 105
Today, I want to dive into one of these week’s trending tokens in the crypto space that a lot of users have been talking about: the Aster project, with the token symbol ASTER(ASTERUSDT).

So, what exactly is Aster?

Aster is a next-gen DEX for spot and perpetuals with MEV-free one-click Simple Mode and a Pro Mode offering 24/7 stock perps, Hidden Orders, and grid trading across BNB Chain(BNBUSDT), Ethereum(ETHUSDT), Solana(SOLUSDT), and Arbitrum(ARBUSDT). It boosts capital efficiency by letting traders use asBNB (liquid-staking BNB) and USDF (yield stablecoin) as collateral. Built on the high-performance, privacy-focused Aster Chain and backed by YZi Labs, its ASTER token powers governance, growth incentives, and long-term sustainability.

In this post, we’ll see whetherASTER might be a good addition to your portfolio and if it still offers a solid investment opportunity. Stay tuned!

Right now, it looks like ASTER has completed its pullback to a broken Support zone($1.790-$1.511) and has started to decline again. The key levels to watch now are the Resistance lines that could determine its trend direction.

From an Elliott Wave perspective, it seems that ASTER is finishing a microwave C of main wave Y in a Double Three Correction(WXY).

I expect that from either the nearby Support zone($1.150-$1.2050) or Potential Reversal Zone(PRZ)[$1.070-$0.9320], ASTER could start to rise again. Depending on overall market conditions, this rebound could range from about +15% to even +40%.

Cumulative Short Liquidation Leverage: $1.6257-$1.5825

Cumulative Long Liquidation Leverage: $1.1732-$1.1236


What do you think about the Aster project? Does it still have room to grow? Share your thoughts!

Please respect each other's ideas and express them politely if you agree or disagree.

Aster Analyze (ASTERUSDT), 4-hour time frame.

Be sure to follow the updated ideas.

Do not forget to put a Stop loss for your positions (For every position you want to open).

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