$ASTER Rebounds,Testing Demand Zones Amid Persistent Perpetual Futures Volume

$ASTER cleared over-leveraged longs near $0.88, while overhead short liquidity above $1.00 sets the stage for potential upward moves.

The lower boundary of the parallel uptrend channel acts as a demand zone, historically triggering strong price reversals and accumulation.

Consistently high perpetual futures volume reflects strong market engagement, supporting active speculation and potential momentum as BTC sentiment shifts.

$ASTER continues to demonstrate steady performance despite recent market swings, with price action testing critical levels while maintaining strong liquidity. The perpetual futures market for ASTER/USDT shows persistent engagement from traders across multiple timeframes.

Overhead Liquidity Could Trigger Key Moves

Downside for $ASTER has largely been cleared, as most over-leveraged long positions have been flushed near $0.88. The chart now shows thick blue bands above $1.00, representing concentrated short-side liquidity

These bands indicate where traders’ stop orders are clustered, creating potential upward targets if the price reclaims $1.00.If $ASTER fails to hold the $1.00 level, the price could retest lower zones where remaining long positions may be forced out

This setup positions the market for a liquidity-driven move, as price often gravitates toward areas dense with stops and liquidations. Traders observing these patterns can identify potential reversal zones and anticipate volatile reactions.

ASTER Liquidity HeatMap / Source: X

Returning to Strong Demand Zones

$ASTER has returned to a previous demand zone, where buyers historically entered aggressively. The structured parallel uptrend channel shows consistent oscillation, with the lower boundary serving as a potential support area

Price bouncing from this level could initiate a measured rise toward the upper channel around $1.35–$1.40. Each swing low forms a diagonal convergence toward the channel midpoint, creating a rhythm of accumulation and distribution.

ASTER USDT Price Chart / Source: X

A clean breakout above the channel ceiling may drive momentum toward targets near $2.00, reflecting classical channel expansion principles. Observing the channel, traders can identify compression phases that precede directional moves, offering clear entry opportunities.

Past reactions to this demand zone have produced strong upside reversals. Maintaining the lower boundary will be key for any potential accumulation phase. The parallel channel suggests that market participants respect these horizontal levels as both support and resistance.

Volume Strength Shows Market Confidence

$ASTER perpetuals maintain unusually high trading volume even during broad market declines. The 30-day volume reached $263.75 billion, while seven-day and 24-hour volumes measured $45 billion and $11.04 billion, respectively

This sustained activity suggests strong market participation despite BTC and other altcoin declines.Volume spikes in mid- and late November corresponded with sharp price movements and liquidation events

Daily trading ranges between $6 billion and $18 billion indicate active speculation and quick repositioning by traders.High turnover creates consistent liquidity, which supports both short-term price swings and longer-term accumulation

Ardi emphasized that $ASTER’s resilience could lead to higher volume and fees during bullish BTC phases, generating additional buybacks and burns for investors.

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