ASTRAL has been respecting a rising channel pattern, making consistent higher highs and higher lows.
Price recently pulled back to the lower boundary and bounced strongly — confirming buyers are defending structure.
Now it has pushed back toward the upper channel resistance with strong bullish candles.
This is important because:
Channel support held
Momentum expanded from the lower zone
Price is now testing the supply area
If price sustains above the upper boundary, it can trigger a fresh expansion move.
If rejected, the channel remains intact for another rotation.
This is not random movement.
It’s structured price action inside a controlled bullish channel.
Price recently pulled back to the lower boundary and bounced strongly — confirming buyers are defending structure.
Now it has pushed back toward the upper channel resistance with strong bullish candles.
This is important because:
Channel support held
Momentum expanded from the lower zone
Price is now testing the supply area
If price sustains above the upper boundary, it can trigger a fresh expansion move.
If rejected, the channel remains intact for another rotation.
This is not random movement.
It’s structured price action inside a controlled bullish channel.
SiripiVenu
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
SiripiVenu
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.