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Analysis of coin #ASTER : support and resistance



General trend:
#ASTERUSDT has been experiencing a downward correction since mid-November after a strong upward wave at the beginning of the month. The price reached a peak of 1.272 on November 16, then gradually decreased to 1.196 on the last day. This correction comes against a backdrop of market volatility and negative comments from some influencers, despite the continued launch of new phases in the ecosystem.

Main support and resistance:
- Strong support: 1.050 – 1.070 ( has been tested several times in the past and appears to be a clear demand zone ).
- The next support in case of a breakout: 0.974, which is the lowest level touched in November before the rebound.
- near resistance: 1.227 ( peak on November 17 ), with a psychological barrier at 1.250 then 1.284 ( peak on November 2 ).

Influencing factors:
- The "Aster Harvest" phase begins on November 10, ( #AsterHarvest ), which includes the distribution of 1.5% of the total supply in weekly installments. This could be seen as positive in the medium term if it increases the holding of the coin.
- There are negative rumors in communities like "or ying #WEB3 ", but they do not necessarily reflect the actual market movement.

You can follow the performance of the coin and project information with us.
The information mentioned above has been researched and summarized through personal effort, and does not constitute investment advice.
$ASTER
ASTER-4.33%
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