《ASTER Cooling Down, Market Enters Calm Period》 Short-term tug-of-war at 1.69—breaking below signals bearish continuation, holding steady may spark another wave of rebound. Recently, ASTER experienced a hot surge but has gradually retreated to a critical technical level. From the 4-hour candlestick chart, the current price is fluctuating within a consolidation range, with bulls and bears locked in a battle. 1. Key Support Below If the 1.69 level is breached, there's a high probability of further downside, targeting the 1.33 area. This level is not only a significant support but also corresponds to the third concentric circle of the 2.43 high, carrying some time-price resonance significance within the Gann matrix. If market sentiment continues to weaken, there’s even a possibility of further testing down to 0.65. 2. Resistance Space Above If the 1.69 support holds firm, the price may stage a "second high" rebound. The upward target lies in the 2.25–2.30 range, where resistance is evident. This area overlaps with the Gann angle line and the previous high-volume trading zone, forming strong resistance. 3. Overall Trend Analysis In summary, bearish outlook dominates, mainly due to waning upward momentum and weakening price structure. The short-term bull-bear dividing line remains at 1.69—breaking below signals further downside, holding steady opens the door for a second rebound attempt. Special Reminder: All content shared is just personal opinion and not to be used as any investment basis! DEX ASTERUSDT