2026-01-16 02:29:38

Aster has indeed been under significant pressure recently. The price on the chart has been oscillating around the $0.70 level, appearing to show some weakness in the bulls. Once this defensive line is broken, several key support levels are waiting to be tested.

Conversely, if it can bounce back from here and establish a higher low, then based on the candlestick pattern, there is still a chance to reach up to $0.75. Currently, the RSI indicator is in the middle, showing no obvious overbought signals nor strong signs of a bottoming out.

The issue is—if the bears gain strength again and the price drops into the oversold zone, the situation will need to be reassessed. At that point, it might not be a simple technical rebound anymore, and new support levels will need to be identified.

ASTER-1,13%

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NotSatoshi

· 01-18 21:35

0.70 Repeated testing is a bit annoying, just want to see if I can push through in one go.

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GateUser-c799715c

· 01-18 19:07

0.70 this line really can't hold, I think it's a toss-up. --- The bulls haven't been very energetic lately; we need a quick rebound to turn things around. --- Having RSI in the middle is a bit awkward, it hasn't explained anything clearly. --- Breaking 0.70 would be the end, really, any support afterwards would be pointless. --- In my opinion, it's better to wait until it drops into oversold territory before jumping in; rushing now is a bit early. --- That 0.75 level looks easy to break, but in reality, it depends on when the bears truly give up. --- I'm just worried that a sudden surge might smash through all supports—that would be disastrous. --- A rebound is a rebound, but from this position, 0.75 feels a bit far off, friends. --- Let's wait and see; it's too early to say anything now, the key is still the trading volume. --- This market is almost played out by the bears; we need someone to step in and take over.

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WealthCoffee

· 01-18 13:03

If I really can't hold the 0.70 level, I need to consider stop-loss... --- RSI is so dull, indicating the market is still hesitating, so annoying --- Rebound to 0.75? Let's see if we can hold 0.70 first, don't overthink it --- If the bears really push to oversold levels, then we will have to find a bottom again... this wave is a bit dangerous --- The bulls are so weak, it feels like 0.70 is about to break --- Let's wait and see, if there are no obvious signals, there's no need to rush --- In my opinion, this level is just testing the bottom; if it breaks, then we'll see

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GasFeeVictim

· 01-17 15:32

If you can't hold 0.70, just go directly to 0.60. With RSI so mediocre, it doesn't really have much reference significance.

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DegenDreamer

· 01-16 02:59

0.70 is the key level to hold, otherwise we're really digging ourselves into a hole.

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ApeShotFirst

· 01-16 02:58

The 0.70 level is dead; just push downward directly. Don't talk about any rebound.

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SchroedingerGas

· 01-16 02:56

0.70 is the defensive line; once it's broken, it will depend on 0.65. Anyway, there are no surprises in this wave.

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MetaverseLandlady

· 01-16 02:55

0.70 is really a crucial level to hold, otherwise I really can't make sense of the support levels below... Wait for the rebound, or else I'll have to cut my losses. RSI is still swinging in the middle, which is the most uncomfortable part, caught between buy and sell. Another shrinking cycle, I’m increasingly unable to understand how Aster will move in this wave. If the bears really push to break the overbought level, it will be truly dangerous, and I need to think about stop-loss strategies. 0.75 is still a dream, let’s first try to hold at 0.70, everyone. With this small position, I pray it doesn’t break below the support...

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SeeYouInFourYears

· 01-16 02:55

0.70 repeatedly dithering, the bulls really lack strength. Once the support below is broken, it's hard to say whether it can hold. It feels like this wave depends on whether the bears will continue to sell off. RSI stuck in the middle really has no reference value; it's unclear whether it will rebound or continue to decline. If it breaks 0.70, then 0.75 is basically out of the question. We need to find a new support, and that's the real issue. Let's wait and see how it develops later. Entering now feels a bit like gambling.

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