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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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The post Here’s Why This Expert Is “Cautiously Optimistic” About Aster (ASTER) Price appeared first on CaptainAltcoin.