Here’s Why This Expert Is “Cautiously Optimistic” About Aster (ASTER) Price

The crypto market has been seeing some interesting setups lately, and Aster (ASTER) is quietly becoming one of the tokens to watch. 

It hasn’t made massive moves yet, but traders are starting to notice a clear technical pattern forming – one that could hint at a much bigger breakout ahead.

Market analyst Sjuul, from AltCryptoGems pointed out on X that the Aster price has been “trying to form a rounded bottom for a while.” 

He called the structure promising but warned it’s best to stay patient until Aster can clearly break above its current resistance. In his words, it’s “time to be cautiously optimistic.”

What ASTER Price Is Showing

Looking at the chart Sjuul shared, Aster price seems to be curving out what’s known as a rounded bottom – a pattern that often signals the end of a long downtrend. 

It forms when sellers slowly lose control and buyers begin stepping back in, creating that smooth U-shape on the chart.

For weeks, Aster has been stuck in a range, but each pullback has made a slightly higher low. That’s a small but important sign that selling pressure is fading. 

If the token can break through the $0.095–$0.10 resistance zone, the pattern could confirm and open room for a rally toward $0.12 or even $0.15 in the near term.

Source: X/Sjuul

Why Traders Are Watching This Level Closely

The $0.10 level is where the real test begins. A clean breakout above it, supported by rising trading volume, would suggest new money is flowing into Aster. 

Until that happens, traders are treading carefully – no one wants to get caught in a fake breakout, especially with how unpredictable the market has been lately.

Sjuul’s advice makes sense: wait for confirmation, not hope. A move backed by strong volume would signal genuine momentum, not just another short-term bounce.

Read Also: Cardano (ADA) Continues to Dip, But This Key Level Could Be the Turning Point

What Comes Next For ASTER

If Aster price can hold above its recent support near $0.085 and push through resistance, it could finally flip from accumulation to expansion – meaning the start of a new uptrend. 

On the other hand, if it fails to clear resistance, the price might stay range-bound for a while longer.

Either way, the setup is worth watching. Rounded bottoms don’t appear often, and when they do, they can be the start of a much bigger story. 

As Sjuul put it, this is a time for cautious optimism – and for traders, that might just be the smartest way to play it.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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