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ASTER Price Outlook: Can ASTER Hold $1.20 Support and Spark a Bullish Reversal?
ASTER Price Outlook: Can ASTER Hold $1.20 Support and Spark a Bullish Reversal?
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BTCCSquare news:
ASTER, after peaking at $2.43 in September, has faced downward pressure amid October's market turbulence. A sharp decline on October 10 brought it to a monthly low of $1.20—losing over half its value from the peak. The token now hovers NEAR this critical support level, trading at $1.29 with a modest 0.69% 24-hour gain, signaling consolidation rather than decisive momentum.
The $1.20 level has emerged as a battleground, with bulls defending it against bearish incursions. Despite repeated tests, buyers have maintained this floor, though weak upside momentum keeps ASTER range-bound. A breakout above $1.60 could reignite bullish sentiment, while failure to hold $1.20 risks further declines.
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