#数字货币市场洞察 $ASTER's recent price action has indeed caught many traders off guard.
Looking back at this wave, when the price dropped to the 0.8 level, market panic spread and many people expected a further decline. The result? The support below was surprisingly strong, and the price quickly rebounded to the 1.08 area, creating a classic bull-bear squeeze. Short-term players were hit on both sides, suffering heavy losses.
Right now, the $1.028 level is very delicate. Here are two possible strategies:
**For bullish traders**: Wait until the price faces resistance and pulls back at 1.028, with a clear drop in trading volume, before considering entry. The first target is 1.112, and for more aggressive traders, you can aim for 1.200. But remember, if 1.028 support is broken, cut your losses decisively at 1.020—don’t take chances.
**For bearish traders**: Also wait for clear resistance signals and supporting volume at 1.028 before entering. The first downside target is 0.950, with an extended target at 0.882. On the flip side, if 1.028 resistance is broken, stop out at 1.030—don’t fight the trend.
In this kind of two-way market, the key is to know your own direction and set your stop-losses. The market won’t change course because of your beliefs—risk control is always the top priority.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
4
Repost
Share
Comment
0/400
OnchainSniper
· 10h ago
That 0.8 wave was really a slaughterhouse; so many people got wiped out.
View OriginalReply0
LiquidityWizard
· 10h ago
ngl the 1.028 pivot is statistically significant but like... everyone and their mom sees it too? that's where it gets dicey. volatility compression before the inevitable breakout, probably 72% confidence interval on that thesis
Reply0
FrogInTheWell
· 11h ago
Another round of ASTER fleecing retail investors, huh? I just want to know who bought the dip at 1.08—are you freaking out now?
View OriginalReply0
AirdropHunterXiao
· 11h ago
Aiyo, it's this kind of V-shaped rebound trick again. Short-term traders are probably going to lose money again.
Whether you're bullish or bearish, you have to stick to your stop-loss, otherwise it's just gambling.
The 1.028 level is really tormenting, I think it's better to wait and see for now.
This round of the market really makes anyone who doesn't follow the market rules pay tuition.
Wait for the trading volume to cooperate before taking action, don't rush, that's the right way.
#数字货币市场洞察 $ASTER's recent price action has indeed caught many traders off guard.
Looking back at this wave, when the price dropped to the 0.8 level, market panic spread and many people expected a further decline. The result? The support below was surprisingly strong, and the price quickly rebounded to the 1.08 area, creating a classic bull-bear squeeze. Short-term players were hit on both sides, suffering heavy losses.
Right now, the $1.028 level is very delicate. Here are two possible strategies:
**For bullish traders**: Wait until the price faces resistance and pulls back at 1.028, with a clear drop in trading volume, before considering entry. The first target is 1.112, and for more aggressive traders, you can aim for 1.200. But remember, if 1.028 support is broken, cut your losses decisively at 1.020—don’t take chances.
**For bearish traders**: Also wait for clear resistance signals and supporting volume at 1.028 before entering. The first downside target is 0.950, with an extended target at 0.882. On the flip side, if 1.028 resistance is broken, stop out at 1.030—don’t fight the trend.
In this kind of two-way market, the key is to know your own direction and set your stop-losses. The market won’t change course because of your beliefs—risk control is always the top priority.