Aster Forms Higher Low at Channel Support, Targets 53% Rally

Aster (ASTR/USDT) has been consolidating within a well-defined channel structure, and the latest price action indicates the formation of a higher low. This development, occurring in alignment with Fibonacci and VWAP confluence, is technically significant. The setup reinforces the prevailing bullish bias, suggesting that Aster may soon attempt a breakout toward higher-timeframe resistance.

Key Technical Points
- Higher Low Structure: Price is forming a bullish higher low within the channel.
- Confluence Zone: Support aligns with both the 0.618 Fibonacci retracement and VWAP.
- Upside Objective: A move toward the channel high represents over 53% potential upside.


Aster’s recent pullback tested channel support to the dollar, an area that coincides with the 0.618 retracement level. This precise reaction underscores the market’s respect for technical levels and suggests that buyers are defending the bullish structure. Each test of support has seen notable buying interest, reinforcing the idea of accumulation at these levels.

The creation of a higher low is a hallmark of bullish continuation, especially when accompanied by structural confluence. The projected path is a rally toward the channel’s high-timeframe resistance, where supply previously capped upward momentum. If Aster can sustain its position within this channel, the probability of continuation toward the upside remains strong.

Volume has shown signs of stabilizing on pullbacks, a positive indication for buyers. Sustained inflows of demand would further validate the bullish case, as historically, low-volume retracements followed by high-volume breakouts have marked continuation phases in Aster’s price action.

What to Expect in the Coming Price Action

If Aster confirms the higher low at channel support, the next move could be a 53% rally toward channel resistance. This level will act as the primary upside target in the near term. Losing channel support, however, would invalidate the bullish structure and shift focus back to lower liquidity zones. For now, technicals remain firmly supportive of a bullish continuation.