ASTER has experienced a significant decline with high volume over the past two days, with a single-day drop of over 14%. The candlestick pattern clearly indicates it is still in a downward channel. From the volume perspective, the high-volume decline signals are quite clear — the bulls may be facing liquidation pressure, and there are also obvious signs of main players offloading.
The key support level has already been broken, and selling pressure dominates. There’s no sign of a decent rebound. The short-term trading strategy is to go short:
💡 Entry zone: 0.610-0.625 🛑 Stop loss set at: 0.655 (this level must be strictly adhered to) 🎯 First target: 0.570 🎯 Second target: 0.530
Strategically, as long as a rebound hits the entry zone, it’s an opportunity to add to the short position — don’t hold back. The current downward momentum has not been fully released yet, so traders holding positions should watch their stop losses closely.
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SnapshotDayLaborer
· 17h ago
The main force is selling so obviously, how come there are still people willing to buy in?
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It's another trap, doing short positions at this level might get you cut again
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Usually there’s not much good to come after breaking support levels, this wave is indeed fierce
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Only a 14% drop and already shouting short? Let’s see how far it can fall before deciding
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I've seen too many volume drops at high levels, and in the end, it’s just a V-shaped rebound, be cautious
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Stop loss at 0.655? Feels a bit tight, easy to get swept
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The selling pressure is so strong, those who buy in are definitely trapped, it’s tough
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I’ve heard “momentum hasn’t fully released” too many times, but in the end, it’s always a rebound
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Target at 0.530 is a bit too optimistic, why are you so confident?
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Shorting is okay, but don’t be too greedy, rebounds come back quickly
View OriginalReply0
RegenRestorer
· 01-20 00:52
Once again, this pattern of high-volume selling at the top, with the main players running away... ASTER is really ruthless this time; a 14% drop isn't the bottom yet.
I'm damn puzzled, why is it always the bagholders getting cut?
I bet it can reach the 0.530 level.
View OriginalReply0
AirdropJunkie
· 01-20 00:50
Oh my goodness, ASTER this wave is really a dead end, dropping directly by 14%. I just want to know if those still daring to buy in are truly brave or just foolish.
Why is it another short position? Are the bears so fierce lately? It feels like this bear market is almost digging through the Earth's core.
The target at 0.530 seems a bit unrealistic. If it drops that much, it would have been cut off by bottom fishers long ago.
Rebound and then add to short? Brother, isn't this just betting on the limit down? Be careful of being killed by a reverse move.
I've heard too many times that stop-losses must be tight, but in the end, they all get hit and then rebound.
If the main force is really dumping this time, then respect that, but it feels like they are only half out of the game.
Why is ASTER so disappointing now? It feels like its former glory is gone, and more and more trash coins are appearing.
View OriginalReply0
GasGuzzler
· 01-20 00:50
It's so obvious that the main force is offloading, yet people are still buying the dip. I'm truly convinced.
View OriginalReply0
TheMemefather
· 01-20 00:49
Another story of the main force unloading, I'm tired of this routine haha
With such fierce bears, I actually feel a bit apprehensive. Usually, when everyone is looking at it this way...
That target at 0.53 seems a bit far, won't there be a rebound or explosion along the way?
View OriginalReply0
DarkPoolWatcher
· 01-20 00:38
0.61 vicinity ambush, wait for the rebound to smash in. This wave of bearish logic is not a problem.
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The main force is really dumping, volume speaks for itself, the signals are very clear.
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Another one that can't be caught, it seems this decline isn't over yet.
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I agree with the stop-loss at 655 to get stuck, don't be fooled by the rebound.
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If you can escape at 0.53, it's considered a success, provided you can hold on until then.
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The bearish pattern is obvious, rebounds are opportunities to short, no need to overthink.
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This volume-driven decline is different from before, the main force is dumping aggressively.
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Once the support breaks, there's nothing much to say, just keep going down.
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Waiting to buy at 0.61, each rebound is a chance to smash.
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Looking at this trend, the bulls really can't hold on anymore, is the main force reversing positions?
View OriginalReply0
AirdropGrandpa
· 01-20 00:22
Looking at this trend, it's definitely a distribution rhythm, the main players have figured it out
Another high-level chop strategy, throwing in more on rebounds, completely lacking confidence
If this support breaks, I would have already exited; those still holding inside should be mentally prepared
There are plenty of opportunities for the bears in this wave, just worried that the rebound won't break down
The target levels are roughly set, but the key is to set stop-losses properly, or it will be another liquidation disaster
ASTER has experienced a significant decline with high volume over the past two days, with a single-day drop of over 14%. The candlestick pattern clearly indicates it is still in a downward channel. From the volume perspective, the high-volume decline signals are quite clear — the bulls may be facing liquidation pressure, and there are also obvious signs of main players offloading.
The key support level has already been broken, and selling pressure dominates. There’s no sign of a decent rebound. The short-term trading strategy is to go short:
💡 Entry zone: 0.610-0.625
🛑 Stop loss set at: 0.655 (this level must be strictly adhered to)
🎯 First target: 0.570
🎯 Second target: 0.530
Strategically, as long as a rebound hits the entry zone, it’s an opportunity to add to the short position — don’t hold back. The current downward momentum has not been fully released yet, so traders holding positions should watch their stop losses closely.