Aster (ASTER) To Dip Further? Key Breakdown Hints at Potential Downside Move

Date: Fri, Nov 21, 2025 | 07:56 AM GMT The cryptocurrency market is attempting a recovery at the start of the new week after last week’s sharp volatility, which dragged Ethereum (ETH) to a low of $2624 before bouncing back above $2800. However, while major assets show relief, the DEX token Aster (ASTER) appears to be losing bullish momentum. The token is currently down over 5%, and its technical structure is signalling the possibility of further decline.

Source: Coinmarketcap Head and Shoulders Breakdown On the 4H chart, $ASTER completed a classic head and shoulders pattern, which is widely known as a reliable bearish reversal formation. The left shoulder and head structure formed between 15–19 November, with the peak at around $1.4068 marking the top. After the right shoulder failed to push higher and lost momentum, selling pressure increased and the neckline support began weakening. The neckline at approximately $1.1464 acted as a multi-week base, but the chart clearly shows that price broke beneath this level with strong bearish force, confirming a structural breakdown. Following the break, ASTER dropped to $1.0682 before attempting a retest today.

Aster (ASTER) 4H Chart/Coinsprobe (Source: Tradingview) The retest faced strong rejection from the $1.1576 zone, which also aligns with the 100-moving average resistance. This rejection strengthened the bearish signal, pushing the price back down toward $1.11, confirming the breakdown continuation. What’s Next for ASTER? As long as ASTER remains below the neckline and the 100-MA barrier, the structure continues to favour sellers. A move below $1.0682 would likely accelerate downward momentum, potentially opening a slide toward $0.99 as the next key downside target. However, if buyers unexpectedly regain control and push the price back above the 100-moving average at $1.1611, the bearish head and shoulders formation could become invalidated and shift the trend back toward temporary recovery attempts. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not produce expected outcomes. Investors should conduct independent research and consider their personal risk tolerance before making decisions.