ASTER/USDT on the daily timeframe is forming a clear bullish falling wedge, a classic reversal pattern after prolonged consolidation. The price has respected both the upper descending resistance and lower support trendlines since late 2024, with lower highs and lower lows converging toward the apex.
The wedge is compressing momentum — each successive decline shows diminishing selling pressure, while buyers defend the lower boundary with higher reaction lows. Recent candles have started to hug the upper trendline, a sign that breakout pressure is building.
Current price sits near $0.6637 (+6.46% in 24h), trading inside the wedge with the next decisive zone at $0.67–0.68. A confirmed close above the upper trendline on strong volume would target the measured move projection near $1.45–$1.50, offering roughly 115–120% upside from current levels.
Multiple on-chain and order-book signals point to smart-money accumulation in the $0.633–$0.647 demand zone:
This behavior is typical of institutional positioning rather than retail panic selling. Once the wedge breaks upward, the lack of meaningful overhead supply should allow for a clean, fast move toward the measured target.
After dropping from a $1.7B+ peak earlier in the year, ASTER’s market cap stabilized around $1.45B and has been quietly climbing again. The recovery has occurred on relatively controlled volume — a sign that selling exhaustion is complete and buyers are absorbing supply without aggressive chasing.
Combined with ongoing token buybacks, burns, and a strengthening product suite, the fundamentals are arguably the strongest they have been in months. A technical breakout above the wedge would likely trigger a re-rating as the market recognizes the improved risk/reward profile.
