Aster Pulls Back as Market Demand Softens and $1 Threshold Looms - Crypto Economy

TL;DR

• Aster is trading at $1.37 after a 7% drop and remains below the $1.48 resistance. Demand stays weak while selling pressure prevails.
• The RSI has declined and the CMF shows capital outflows, confirming the loss of confidence and the dominance of sellers. There are no signs of recovery.
• If the price loses support at $1.17, it could approach $1.00. On the other hand, a rebound above $1.48 could open the way toward $1.63.

Aster is trading at $1.37 after falling 7% in the past 24 hours and maintains a clearly bearish structure. The token has failed to break the $1.48 resistance, and the weakening demand is intensifying selling pressure. The market shows little interest, and technical indicators continue to retreat, confirming the token’s loss of momentum.


Aster Shows No Signs of Recovery

The Relative Strength Index (RSI) continues to decline and has entered negative territory, suggesting that control over Aster remains in the hands of sellers. At the same time, the Chaikin Money Flow (CMF) has dropped sharply, signaling capital outflows and liquidation of positions by investors. Both indicators show that confidence has deteriorated and that the market is not finding any signals of recovery.


Moreover, the overall condition of the crypto market worsens the outlook. The absence of a rebound in large-cap assets limits any attempt by Aster to recover, as it still depends on stronger buying volume to stabilize. Without new catalysts, the downward trend could deepen.

The Current Trend Could Deepen

If selling pressure persists, the token could move toward the $1.17 support level, and losing that support would expose it to the psychological threshold of $1.00. A drop to that point would represent a decline of about 26% from the current price and could accelerate short-term liquidations. Conversely, if renewed demand drives a recovery above $1.48, there could be room for a rally toward $1.63, which would invalidate the current bearish bias.


For now, technical data and market conditions suggest that Aster remains very weak, under sustained selling pressure and showing no immediate signs of reversal.