Yello, Paradisers! Is #ASTRUSDT gearing up for a major move, or are we on the brink of a downturn? Let’s dive into the details to keep you ahead of the game.
💎#ASTAR has been navigating a falling wedge pattern and moving downward. Currently, #Astar is retesting the lower support of the channel. We've also observed an accumulation phase on the 1D timeframe, reinforcing a bullish bias.
💎A bullish breakout will be promising, but a successful retest will confirm this breakout. Patience is key—wait for confirmation.
💎If #ASTR continues to fall, it’s likely to retest its support at $0.0655. This level is crucial, as a failure to hold here could signify a potential decline.
💎Should the macro market sentiment turn bearish with significant selling pressure, #ASTR might revisit its liquidity-packed area and strong medium-term support at $0.0536. This zone is critical as it has historically provided substantial support.
💎However, if this critical support zone fails to hold, ASTR could turn bearish and continue its downward trajectory. The overall market sentiment and Bitcoin's movement will significantly influence #Astar's price action, so keep a close eye on these factors.
You need to be extremely patient and always wait for only the high-probability trading opportunities.
MyCryptoParadise iFeel the success🌴
Note
Just as predicted, #ASTR has surged 48.43%! After retesting its demand zone, the asset rose again and broke out of the falling wedge. We're confident that #ASTRUSDT will reach its target.
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