2026-01-19 19:26:39

ASTER experienced a volume-driven decline of -12.44%, and is now trapped in a narrow consolidation at a low level. The open interest remains high, and both bulls and bears are engaged in intense competition, but structurally, the bears clearly hold the upper hand.

This massive decline is a clear sign of weakness. The price lacks effective buying support for a rebound at the low levels, forming a typical falling continuation pattern. High open interest combined with falling prices more likely indicates passive stop-losses by longs or new shorts entering the market, rather than signs of major players secretly accumulating positions.

As long as the price cannot quickly break above 0.645, downward pressure will continue to be released. Currently, consider shorting on rallies within the 0.620-0.628 range, with a strict stop-loss set at 0.645. If the downtrend persists, target levels are 0.580 and 0.540. With no effective rebound at present, short-term trading strategies should remain cautious.

ASTER-1.54%

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SerumSqueezer

· 13h ago

Dropped another 12%? The bears are really aggressive this time. Without a rebound support, it might continue to fall further. Looking at this high open interest, it seems the bulls have already been squeezed out. Now we just need to break 0.645 to turn around. ASTER's pace is really something to be cautious about. Try entering a short position at 0.620, with a stop loss at 0.645. If it really can't break this level... then we might have to look at 0.58. Lack of a rebound is the biggest danger signal.

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rugdoc.eth

· 01-19 20:24

It's dropping again. No one wants this trash coin ASTER anymore. The bears are eating meat, while retail investors are feeding the fish. Breaking through 0.645 is almost impossible; if you want to run, just run. Wait and see if you can bottom out at 0.540, but the risk is ridiculously high. The open interest is so high, yet it's still falling—classic bull trap slaughter.

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FlashLoanLarry

· 01-19 19:56

They're starting to cut leeks again, -12.44% directly breaking the defense. The bears are too fierce this time, no one is willing to buy. 0.645 can't hold, it has to keep falling. This rhythm is a bit tragic.

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SerumSurfer

· 01-19 19:55

Down another 12%? The bulls are really stunned by this drop. If the 0.645 level can't hold, it seems like it will continue to go lower.

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GasWaster

· 01-19 19:48

ngl watching aster dump 12% then just... sideways shuffle is peak pain. high open interest + no buyers = my spreadsheeting nightmares coming true again lol

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FloorSweeper

· 01-19 19:44

lmao paper hands getting liquidated again, classic capitulation setup. those 0.620-0.628 shorts are literally free money if u got the stomach for it... just saying

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RumbleValidator

· 01-19 19:27

0.645, if this line isn't held, don't even think about it. Just look at whether 0.580 can break through or not.

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