$ASTER just confirmed a brutal rejection at resistance. The 1-hour chart screams weakness. Price failed to break above 0.70, a critical supply zone. Selling pressure is mounting. Expect a sharp downside correction targeting 0.5993. This bearish structure is valid as long as price stays below 0.70. Protect your capital. Move stop loss to entry as price approaches 0.6300. This is not a drill.
The short-term roadmap is executing flawlessly. We caught the bounce right after deviation and are now holding strong above $0.60. This is textbook basing action.
Expect consolidation now. Momentum isn't quite there to break convincingly past ~$0.63 yet. Watch that $0.60 floor—if it cracks post-sideways chop, the corrective wave resumes. Prepare for the next move.