【$ASTER Signal】Long | Healthy Consolidation After Breakout with Volume
$ASTER After volume breakout above previous high on the 4H timeframe, the price is consolidating at around 0.612. Price action indicates continuous absorption by buyers, with no signs of panic selling, representing a healthy reset after the breakout.
Hardcore logic: Six consecutive bullish candles on the 4H chart drive the upward movement, with the last candle accompanied by increased volume (80.6M) and buy ratio (0.53), confirming the breakout is valid. Open interest remains stable, not a panic sell-off, driven by institutional funds. Currently, buy orders are densely clustered in the 0.611-0.612 area, forming a support cushion. Takers continue to buy, with a funding rate of only 0.005%, indicating no over-leverage. Price is oscillating narrowly above the breakout level, typical of a accumulation structure after a breakout, with a higher probability of upward movement.
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【$ASTER Signal】Long | Healthy Consolidation After Breakout with Volume
$ASTER After volume breakout above previous high on the 4H timeframe, the price is consolidating at around 0.612. Price action indicates continuous absorption by buyers, with no signs of panic selling, representing a healthy reset after the breakout.
🎯Direction: Long
🎯Entry: 0.608 - 0.615
🛑Stop Loss: 0.583 (Rigid stop loss, below the previous breakout candle low)
🚀Target 1: 0.650
🚀Target 2: 0.690
Hardcore logic: Six consecutive bullish candles on the 4H chart drive the upward movement, with the last candle accompanied by increased volume (80.6M) and buy ratio (0.53), confirming the breakout is valid. Open interest remains stable, not a panic sell-off, driven by institutional funds. Currently, buy orders are densely clustered in the 0.611-0.612 area, forming a support cushion. Takers continue to buy, with a funding rate of only 0.005%, indicating no over-leverage. Price is oscillating narrowly above the breakout level, typical of a accumulation structure after a breakout, with a higher probability of upward movement.
Trade here 👇 $ASTER
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