ASS Token appears to be building a bottom after extended consolidation within a descending wedge pattern. This technical structure is historically significant—such formations frequently resolve with upside breakouts rather than downside continuations.
The chart setup suggests key resistance zones where sellers have historically stepped in. Current price targets sit at $2.74 and $4.45, mapped against major support and resistance levels. Traders monitoring this pair should watch how volume behaves as price approaches these levels.
Descending wedges carry predictable characteristics: tightening price action creates energy for directional moves. While nothing is guaranteed in crypto markets, the technical confluence here warrants attention from those tracking ASST on the medium term.
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HappyMinerUncle
· 8h ago
Is the wedge about to break? I've been waiting for this move until my scalp hurts, just hoping to break through the 2.74 level.
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PessimisticOracle
· 12-16 00:19
The downward wedge is back again, every day it's the bottom, bottom, I don't believe you at all.
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TradFiRefugee
· 12-16 00:07
Lower wedge breakdown, $2.74 first to see if it can hold, otherwise it will continue to fall.
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MevShadowranger
· 12-16 00:07
Is this how the wedge breakout works? Let's wait and see. Anyway, this thing drops and rises quickly.
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SleepyArbCat
· 12-15 23:57
Sleepy eyes... Falling wedge? That $2.74 point looks interesting, but the volume needs to catch up, otherwise it's just a false move, and the gas fees will be wasted...
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ParallelChainMaxi
· 12-15 23:55
Is the downward wedge breakdown only this much of a rise? I think it will break out directly...
ASST Consolidation Setup: Bullish Breakout Potential
ASS Token appears to be building a bottom after extended consolidation within a descending wedge pattern. This technical structure is historically significant—such formations frequently resolve with upside breakouts rather than downside continuations.
The chart setup suggests key resistance zones where sellers have historically stepped in. Current price targets sit at $2.74 and $4.45, mapped against major support and resistance levels. Traders monitoring this pair should watch how volume behaves as price approaches these levels.
Descending wedges carry predictable characteristics: tightening price action creates energy for directional moves. While nothing is guaranteed in crypto markets, the technical confluence here warrants attention from those tracking ASST on the medium term.