ASTER Whale Accumulation Sparks Bullish Momentum: $1.15 Resistance in Sight

Whales are circling ASTER—and they're not just here for the view.

Major accumulation patterns from deep-pocketed investors have ignited fresh bullish sentiment across trading desks. The chatter isn't just about short-term pumps; it's focused on a clear technical target: the $1.15 resistance level that's been looming on the charts.

The Whale Watch Is On

When large, anonymous wallets start stacking tokens in size, the market pays attention. This isn't retail FOMO—it's calculated positioning. These moves often precede volatility, as whales have a knack for front-running sentiment shifts that leave smaller traders scrambling.

Resistance Becomes The Target

All eyes are now fixed on that $1.15 mark. It's more than just a number; it's a psychological and technical barrier that, if broken, could open the gates for a new price discovery phase. The current accumulation suggests some big players are betting it won't hold for long.

Of course, in crypto, one day's 'smart money accumulation' is another day's 'profit-taking opportunity'—usually right after the retail crowd finally buys in. The real test comes when the sell orders hit the tape. Until then, the hope trades on.

ASTER Support Holds, Targets 0.9 to 1.3 in Gradual Rally

However, the crypto analyst, Nehal, highlighted that the ASTER token is gaining significant momentum after a spot-market investment opportunity as overall attitudes towards new altcoins continue to improve. The token, trading at a level close to the key support, remains a subject of interest for traders seeking organized buying as overall momentum for the entire crypto market continues to return.

Source: Nehal

On a technical analysis, ASTER is possibly establishing a strong foundation with risks bounded by a stop-loss placement at 0.546, while other targets lie at 0.9, 1.1, and 1.3. The placement of targets in an incremental manner reflects the potential for a gradual upmove, provided market forces continue to push it in an upward manner.

ASTER Liquidity Setup Hints a Bullish Breakout to $1.15

Moreover, another crypto analyst, Peak, revealed that the market structure for ASTER is changing nicely, with liquidity placed above current market levels instead of below them. Such a configuration is normally an indicator of an upside pressure, as market levels always drift towards these zones of liquidity to restore market balance. Therefore, a relief rally to at least the $1.00 – $1.15 zone is more likely than before.

Source: Peak

This setup also increases the possibilities of a short squeeze scenario where the bears will be obliged to cover their positions as the price continues to rise. If the buying force continues to gather pace with the reclaiming of critical levels of resistance, there might be a swift movement seen in the price of the token.

 Also Read: ASTER Faces Descending Triangle, Support Holds NEAR $0.4740