{"id":14560,"date":"2025-10-28T16:21:08","date_gmt":"2025-10-28T16:21:08","guid":{"rendered":"https:\/\/bitunikey.com\/news\/aster-price-eyes-reversal-after-double-bottom-at-1-04-can-bulls-take-control\/"},"modified":"2025-10-28T16:21:23","modified_gmt":"2025-10-28T16:21:23","slug":"aster-price-eyes-reversal-after-double-bottom-at-1-04-can-bulls-take-control","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/aster-price-eyes-reversal-after-double-bottom-at-1-04-can-bulls-take-control\/","title":{"rendered":"Aster price eyes reversal after double bottom at $1.04, can bulls take control?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Aster price establishes a double bottom at $1.04, a key high-timeframe support aligned with the value area low and 0.618 Fibonacci,  signaling potential for a bullish reversal.<\/p>\n<div id=\"cn-block-summary-block_32b16dedcf99c6e2f6f3bab7cb988ea3\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Double bottom confirmed at $1.04 high-timeframe support.<\/li>\n<li>$1.20 remains the next resistance for bullish continuation.<\/li>\n<li>Sustained volume above the POC is key for confirmation.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Aster (ASTER) price has established a significant technical structure as price forms a\u00a0double bottom\u00a0around the\u00a0$1.04 high-timeframe support, a region of strong confluence that includes the\u00a0value area low\u00a0and the\u00a00.618 Fibonacci retracement. This area has consistently attracted buyers, highlighting notable demand for Aster at current price levels after a prolonged corrective phase.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Aster price key technical points<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Major Support:<\/strong>\u00a0$1.04 aligns with the value area low and 0.618 Fibonacci level.<\/li>\n<li><strong>Double Bottom Formation:<\/strong>\u00a0Confirms potential bullish reversal structure.<\/li>\n<li><strong>Key Resistance:<\/strong>\u00a0$1.20 remains the next high-timeframe target to reclaim.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Aster (2H) Chart, Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tradingview.com\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>The double bottom formation at\u00a0$1.04\u00a0signifies a critical structural base for Aster, with two distinct rejections from the same support confirming buyer presence. The confluence of\u00a0Fibonacci retracement,\u00a0volume-based support, and historical demand reinforces this region\u2019s significance.<\/p>\n<p>Price action is now approaching the\u00a0point of control (POC). A\u00a0daily candle close above the POC\u00a0would confirm renewed strength in the market and open the probability for a\u00a0rally toward $1.20, the next major resistance. This level represents a high-timeframe pivot, where a breakout could shift the broader market structure back into a bullish continuation.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>At the microstructure level, the\u00a0active double bottom\u00a0suggests that momentum is slowly building for a potential upside rotation. However, for this pattern to materialize fully, consistent\u00a0bullish volume influxes\u00a0are required to confirm follow-through and negate any short-term weakness.<\/p>\n<p>Aster\u2019s current setup favors buyers as long as\u00a0$1.04 remains defended. Holding above this key support will validate the double bottom pattern and increase the likelihood of continuation toward\u00a0$1.20\u00a0and potentially beyond.<\/p>\n<p>Failure to maintain this level would weaken the bullish narrative and could signal further consolidation. For now, however, the\u00a0technicals favor a bullish recovery phase\u00a0as long as the support structure remains intact and market volume continues to build.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What to expect in the coming price action<\/strong><\/h2>\n<p>As Aster consolidates above\u00a0$1.04, traders should monitor whether price can close decisively above the point of control\u00a0and maintain momentum. A confirmed break could trigger a rally toward\u00a0$1.20, aligning with the double bottom projection target.<\/p>\n<p>Overall, the confluence of key technical supports and emerging bullish structure positions Aster for a\u00a0potential reversal phase, but only if volume expansion confirms the breakout.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Aster price establishes a double bottom at $1.04, a key high-timeframe support aligned with the value area low and 0.618 Fibonacci, signaling potential for a bullish reversal. Summary Double bottom&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14560"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14560\/revisions"}],"predecessor-version":[{"id":14561,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14560\/revisions\/14561"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1067"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}