The token has been moving inside a clear downtrend on the 1H chart, but the latest candles show some early signs of recovery. Buyers stepped in near the 0.88–0.90 area, which is holding as a short-term support.
RSI is climbing from the oversold zone, and MACD is gradually turning upward. This usually signals that momentum is trying to shift. If the price can stay above 0.95 and break the 0.98–1.00 zone, we may see a slow trend reversal on shorter timeframes.
From a broader view, the trend is still weak, so any recovery needs confirmation. I refined the outlook using two methods:
1️⃣ Short-Term (1H) Method: Focuses on RSI + MACD. Momentum suggests a possible push toward 0.98.
2️⃣ Trend Method (EMA-based): EMA7 and EMA14 are beginning to curve upward. If the crossover confirms, the token may attempt a stronger recovery.
Overall, the market is showing early strength, but still needs a solid breakout to confirm a trend change.
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User_MVS
· 12-07 20:46
Looks like we've found the bottom, what do you think?
$ASTER Market Update – ASTER
The token has been moving inside a clear downtrend on the 1H chart, but the latest candles show some early signs of recovery. Buyers stepped in near the 0.88–0.90 area, which is holding as a short-term support.
RSI is climbing from the oversold zone, and MACD is gradually turning upward. This usually signals that momentum is trying to shift. If the price can stay above 0.95 and break the 0.98–1.00 zone, we may see a slow trend reversal on shorter timeframes.
From a broader view, the trend is still weak, so any recovery needs confirmation.
I refined the outlook using two methods:
1️⃣ Short-Term (1H) Method:
Focuses on RSI + MACD. Momentum suggests a possible push toward 0.98.
2️⃣ Trend Method (EMA-based):
EMA7 and EMA14 are beginning to curve upward. If the crossover confirms, the token may attempt a stronger recovery.
Overall, the market is showing early strength, but still needs a solid breakout to confirm a trend change.