ASTER/USDT – Bullish Flag Inside Ascending Channel | Target $3
Description:
ASTER is currently trading within a strong ascending channel on the 4H timeframe.
After an impulsive rally, price action has formed a bullish flag, consolidating above key dynamic support.
🔑 Key Points:
• Price has tested and respected the lower channel support (~$1.70–$1.80).
• Multiple Fair Value Gaps (FVG) below have been filled, reducing downside risk.
• An important Order Block (OB) and resistance zone sits around $2.30. A breakout above this level would confirm strength.
• Volume shows decreasing sell pressure during consolidation, adding confidence to the bullish setup.
📈 Expectation:
As long as the structure holds, a breakout from the flag could extend the bullish leg toward the $3 psychological level, which also aligns with the upper channel resistance.
❌ Invalidation:
A breakdown below $1.70 would negate this bullish scenario.
ASTER is currently trading within a strong ascending channel on the 4H timeframe.
After an impulsive rally, price action has formed a bullish flag, consolidating above key dynamic support.
🔑 Key Points:
• Price has tested and respected the lower channel support (~$1.70–$1.80).
• Multiple Fair Value Gaps (FVG) below have been filled, reducing downside risk.
• An important Order Block (OB) and resistance zone sits around $2.30. A breakout above this level would confirm strength.
• Volume shows decreasing sell pressure during consolidation, adding confidence to the bullish setup.
📈 Expectation:
As long as the structure holds, a breakout from the flag could extend the bullish leg toward the $3 psychological level, which also aligns with the upper channel resistance.
❌ Invalidation:
A breakdown below $1.70 would negate this bullish scenario.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.