2026-02-03 11:36:23

#ASTERUSDT – Quick Trading Idea

On the four-hour timeframe, a double bottom has formed, and the neckline (0.557 - 0.564 USD) has been broken. The area marked with a yellow circle shows several lower shadows, indicating that buyers are defending the price.

However, this movement is likely just a temporary rebound or a short-term rally toward approximately $0.608, as it is a support zone, and there is currently no strong bullish momentum pushing the price higher.

![Support zone highlighted in yellow](url)
The price may experience a brief correction or consolidation before any further upward movement. Traders should watch for confirmation signals to determine if the bullish trend will continue or if a reversal is imminent.
In summary, while the double bottom pattern suggests potential bullishness, the lack of strong momentum indicates caution. Proper risk management and waiting for additional confirmation are recommended before entering trades based on this analysis.

ASTER-5.22%

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BasheerAlgundubi

· 02-03 11:36

Nevertheless, this movement is likely just a temporary rebound or a short-term rise toward the $0.608 level, as it is a price support zone, and there is currently no strong bullish momentum pushing the price higher.

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