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If you think $ASTER is dead because of this sideways movement, you’re missing the bigger picture.
The chart is actually screaming accumulation right now. After that massive dump from $0.79, we’ve just been grinding along this $0.66 level for what feels like forever. The volume is low at $16M, which usually means the sellers are finally exhausted and the big players are just quietly filling their bags.
We have a very clear floor at $0.62 which has held up twice now. As long as we stay above that, I’m not worried. The moment we see a volume spike and a break above $0.70, this thing is going to teleport back to the $0.75 range.
I’m just sitting tight and letting the market do its thing. These boring, flat ranges are usually where the most money is made if you have the patience to wait for the breakout.
Keep an eye on the 4H chart. If we start making higher lows, the move is coming sooner than you think.
#Gate13thAnniversary