- ASTER is trading at $0.70 having fractured out of a downward channel on the daily chart.
- The nearest resistance is at $0.7055, with the support at 0.6809 in the 24-hour price range.
- A major pullback zone is the fair value Gap of $0.56- 0.59 with resistance overhead of $0.75- $0.80.
ASTER was trading around $0.70 on the daily chart having broken above a declining channel, as traders watched a possible pullback to a definite Fair Value Gap. The token was at $0.70 with a 1.1 percent increase over the past 24 hours. ASTER was 0.00001090 BTC compared to Bitcoin which through the course was 1.6% ahead. The current price is very close to the resistance point of $0.7055 and the support at $0.6809 as of the recent 24-hour range.
Breakout From Descending Channel Shifts Structure
The daily chart indicates that ASTER has in the past been in a clear downward channel. Nevertheless, price has just moved beyond the upper trendline, changing the short term form. It is worth noting that the breakout occurred after a drastic reversal of the lows in the region of $0.40 indicating that there was very high buying activity.
AST has recovered the $0.60 ground and moved towards $0.75, then relaxed. As a result the price currently gathers around $0.70. The chart also points out the Fair Value Gap of between 0.56 and 0.59. This area is only above the previous channel resistance, which is now potentially an area of support.
Key Support and Resistance Levels in Focus
In the short term, $0.7055 serves as immediate resistance. Price trades slightly below that level, keeping near-term pressure intact. Meanwhile, $0.6809 provides nearby support within the 24-hour range.
If sellers push the market lower, the $0.56–$0.59 Fair Value Gap becomes the next technical area to watch. This zone aligns with prior consolidation and sits within the broader breakout structure. On the upside, the $0.75–$0.80 range marks a visible resistance band from earlier price action.
Today’s Scenarios: Upside and Downside Levels
For today, a sustained move above $0.7055 could open the path toward $0.75. That level capped recent advances and remains a reference point on the daily chart. However, failure to hold $0.6809 may expose lower levels.
If price breaks below support, traders may look toward the $0.60 handle first. Further weakness could extend into the $0.56–$0.59 Fair Value Gap. Conversely, renewed buying pressure above $0.70 may keep ASTER within the current consolidation band before another attempt at higher resistance.
