Aster Testing Value Area Low for Potential Trade Activation

Aster has been extremely technical over the past 24 hours, with price rejecting from the VWAP resistance, which aligns with the point of control and 0.618 Fibonacci retracement. Price has now retraced toward the value area low of its active trading range.

Key Technical Points:

- Resistance: VWAP + POC + 0.618 Fibonacci
- Support: Value Area Low near $1.20
- Bias: Neutral with bullish potential if support holds


Losing the current range low would open the probability of a retest of $1.20, where the 0.618 Fibonacci confluence sits just below major structural lows. A weak or choppy reaction from this region would suggest accumulation, setting up a potential rotation back toward range highs.


If bulls defend this area successfully, it could act as a trade activation zone for a high-probability bounce setup. Conversely, a decisive breakdown below the value area low would invalidate the bullish premise and extend price into deeper correction territory.