$ASTER3S experienced a strong expansion move from the 0.52 lows, followed by a controlled consolidation just below local highs. Price is respecting the previous breakout zone and holding structure, which suggests strength rather than exhaustion.
The current range looks like absorption, with sellers failing to push price back into prior demand.
This type of sideways action after an impulse often precedes continuation. A decisive break above the 0.63–0.64 resistance area could trigger the next leg higher, while pullbacks into the range remain constructive as long as support holds.
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$ASTER3S experienced a strong expansion move from the 0.52 lows, followed by a controlled consolidation just below local highs. Price is respecting the previous breakout zone and holding structure, which suggests strength rather than exhaustion.
The current range looks like absorption, with sellers failing to push price back into prior demand.
This type of sideways action after an impulse often precedes continuation. A decisive break above the 0.63–0.64 resistance area could trigger the next leg higher, while pullbacks into the range remain constructive as long as support holds.