ASTER/USDT – Bullish Flag Inside Ascending Channel | Target $3
Description:
ASTER is currently trading within a strong ascending channel on the 4H timeframe.
After an impulsive rally, price action has formed a bullish flag, consolidating above key dynamic support.
🔑 Key Points:
• Price has tested and respected the lower channel support (~$1.70–$1.80).
• Multiple Fair Value Gaps (FVG) below have been filled, reducing downside risk.
• An important Order Block (OB) and resistance zone sits around $2.30. A breakout above this level would confirm strength.
• Volume shows decreasing sell pressure during consolidation, adding confidence to the bullish setup.
📈 Expectation:
As long as the structure holds, a breakout from the flag could extend the bullish leg toward the $3 psychological level, which also aligns with the upper channel resistance.
❌ Invalidation:
A breakdown below $1.70 would negate this bullish scenario.
ASTER is currently trading within a strong ascending channel on the 4H timeframe.
After an impulsive rally, price action has formed a bullish flag, consolidating above key dynamic support.
🔑 Key Points:
• Price has tested and respected the lower channel support (~$1.70–$1.80).
• Multiple Fair Value Gaps (FVG) below have been filled, reducing downside risk.
• An important Order Block (OB) and resistance zone sits around $2.30. A breakout above this level would confirm strength.
• Volume shows decreasing sell pressure during consolidation, adding confidence to the bullish setup.
📈 Expectation:
As long as the structure holds, a breakout from the flag could extend the bullish leg toward the $3 psychological level, which also aligns with the upper channel resistance.
❌ Invalidation:
A breakdown below $1.70 would negate this bullish scenario.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.