ASTER Pushes To New All-Time High As Bullish Structure Supports Continuation – Details

Aster has been making waves across the crypto market after reaching a fresh all-time high of $2.34 just hours ￰0￱ its launch on September 17, the token has surged by more than 6,000%, an extraordinary move that has captured the attention of traders and investors ￰1￱ explosive rally underscores the growing momentum behind Aster, which positions itself as a decentralized perpetual exchange aiming to disrupt the ￰2￱ Reading: Bitcoin Net Liquidations Stay Negative Near $40M: Analyst Warns Downside Still In Play The token’s rise is not just a speculative event—it comes backed by Yzi Labs (formerly Binance Labs) and carries the public endorsement of former Binance CEO Changpeng “CZ” Zhao, giving it credibility and visibility from day ￰3￱ combination of institutional support and high-profile advocacy has accelerated adoption and fueled confidence in Aster’s potential to challenge established ￰4￱ its sharp gains, Aster’s price action reflects the volatility typical of newly launched tokens, with investors closely watching whether it can sustain momentum and establish a stable ￰5￱ participants are now debating whether this breakout signals the start of a long-term trend or a short-lived speculative ￰6￱ way, Aster has positioned itself as one of the most closely watched tokens of the ￰7￱ Setup And Market Outlook Top analyst Big Cheds recently shared a technical perspective on Aster, highlighting a notable shift in market ￰8￱ to him, the token displayed a hammer candle earlier this week, a classic reversal signal that suggested a potential ￰9￱ that moment on Monday, Aster has followed through impressively, surging more than 70% and printing a new all-time ￰10￱ sequence of technical signals confirms not only the validity of the setup but also the strength of buying momentum behind the ￰11￱ hammer candle, followed by decisive upward action, signals a trend shift that traders often interpret as the beginning of a sustained ￰12￱ strong follow-through shows that market participants are willing to accumulate Aster aggressively, even in the face of broader market volatility.

However, the coming days will be ￰13￱ crypto market is entering a cautious phase, with liquidity tightening and altcoin volatility ￰14￱ this backdrop, Aster’s ability to maintain momentum will be ￰15￱ a direct competitor of perpetual DEX leaders like Hyperliquid and newer challengers such as Avantis on Base, Aster faces a demanding path forward. Yet, with strong technical signals and growing community backing, analysts suggest Aster could be positioning itself for significant expansion in the coming ￰16￱ Reading: Bitcoin Short-Term Holders Capitulate: 30K BTC In Realized Losses Over 24 Hours ASTER Price Analysis: Bullish Momentum Holds Aster (ASTER) continues to show impressive strength as it consolidates near its new all-time ￰17￱ hourly chart highlights a steady bullish structure, with price currently trading around $2.27, just below the recent peak of $2.34.

Importantly, ASTER has maintained its position well above the 50 EMA ($1.85), signaling ongoing buyer dominance and strong support from trend-following ￰18￱ the initial surge and short-term retracement earlier this week, ASTER established higher lows, showing that demand quickly absorbed selling ￰19￱ recent push above $2.20 confirms follow-through buying, reflecting renewed confidence and momentum in the ￰20￱ pattern suggests that traders are actively accumulating at pullbacks, reinforcing the bullish ￰21￱ Reading: Crypto Leverage Whipeout: $600M+ In BTC & ETH Longs Liquidated Volume trends support this momentum, with bursts of activity accompanying upward moves, while corrections have seen lighter selling ￰22￱ long as ASTER holds above the $2.00 psychological level and the $1.85 EMA, the bullish trend remains intact.

A break above $2.34 could open the door to another leg higher, while failure to defend $2.00 would risk a deeper ￰23￱ image from Dall-E, chart from TradingView