Aster Squeezes Between Key Levels As Traders Track a Possible Move Toward $1.60–$2.00

Aster holds a crucial support zone at $1.02, maintaining stability despite a 6.1% weekly decline.

Price compression between $1.02 and $1.06 highlights restricted volatility and signals a potential shift in structure.

The identified reversal region between $0.60 and $1.00 remains influential as long-term targets sit between $1.60 and $2.00.

Aster’s price activity entered a critical zone this week as the token hovered just above a major support band that traders have monitored closely. The asset traded near $1.03 during the latest session after recording a 6.1% decline over the past seven days. Market participants continued to track this area because the chart compressed between $1.02 support and $1.06 resistance

This behavior drew attention as the structure narrowed after recent volatility. The token’s trading range also tightened around the identified reversal region between $0.60 and $1.00, which has remained relevant in recent sessions. These developments formed the basis for renewed analysis as volumes shifted and candles displayed mixed momentum across the lower time frames.

Support Zone Holds as Aster Attempts to Build Short-Term Structure

The market currently reacts to the $1.02 support level, which remained active throughout the recent decline. Price movement slowed near this zone, which helped stabilize intraday volatility. The 24-hour range also stayed compact, fluctuating between $1.02 and $1.06. This restricted behavior kept Aster inside a narrow band. It also maintained pressure on both buyers and sellers. Traders continued to review these boundaries because short candles indicated cautious participation. The asset also showed repeated tests of the support area, which helped define the current structure.

However, the repeated lower wicks suggested continued interest around the same zone. This pattern kept the reversal area relevant, especially as the earlier projection pointed toward a possible reaction between $0.60 and $1.00. Market sentiment aligned with this region because historical interactions formed the basis for the expectation. As a result, the chart remained in focus, particularly as the broader trend compressed.

Resistance Levels Shape Aster’s Immediate Market Outlook

The $1.06 resistance level capped upward attempts during the recent sessions. Market data showed several approaches toward this barrier, although none produced sustained movement. This ceiling shaped the short-term outlook because sellers repeatedly defended the level. The resistance zone also matched the upper side of the current 24-hour range, which reinforced its relevance. Each failed breakout attempt added weight to this structure and highlighted the ongoing compression.

Notably, the asset’s BTC valuation hovered near 0.00001124 BTC, reflecting a mild gain of 0.1%. This metric added another layer to the analysis as traders examined cross-market behavior. The tight structure also encouraged closer monitoring because the chart displayed reduced volatility after broader declines. These conditions helped define the next potential phase, especially as participants watched for decisive movement.

Long-Term Context Aligns With the Identified Reversal and Target Region

Aster’s earlier projection indicated a possible long-term target between $1.60 and $2.00. This expectation remained part of the broader outlook because the token continued to trade near the lower boundary of its projected reversal region. The market tracked this alignment closely as price stabilized at $1.03. Consequently, analysts continued to assess whether the current range could support a longer recovery phase.