$ASTER


{future}(ASTERUSDT)
Highlights
1. Exchange Platform Listing: A major trading platform has confirmed that it will launch ASTER spot trading on November 20, which may enhance liquidity and attract a significant influx of new capital.
2. Platform Innovation: ASTER's "Machi Mode" feature rewards users for their clearing actions with points, which can be used for future token airdrops. Meanwhile, the total locked value (TVL) surged by 570%, indicating that the ecosystem is growing rapidly.
3. Bullish Momentum: Despite the overall poor market environment, ASTER has recently shown a bullish MACD crossover ( with a MACD of 0.0063), and the continuous capital inflow in the spot market reflects positive sentiment.

Risk
1. Short-term bearish pressure: Technical indicators show EMA7 (1.342) low
At EMA25 (1.329), it indicates short-term bearish pressure, and the RSI indicator level remains neutral.
2. Market Divergence: Some well-known traders are actively shorting.
ASTER, with one target price of $0.14, highlights the potential downside risks and the divergence in market expectations.
3. Futures capital outflow: A large amount of capital has flowed out of the futures market ( with an outflow of -49.73M within 24 hours ), indicating that derivative traders may be deleveraging or taking profits, which affects price stability.

Community sentiment
1. Bullish Advantage: The community shows strong enthusiasm for the innovative "Machi Mode" feature of ASTER and looks forward to its upcoming listing on major trading platforms, anticipating further price increases.
ASTER-0,35%
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