Aster DEX Buybacks Fuel ASTER Surge: $1.10 Breakout Incoming?

Aster DEX is lighting a fire under its own token. Aggressive buyback mechanics are now the primary engine for ASTER's price action—and the charts are starting to scream.

The Buyback Pressure Cooker

Forget hoping for organic demand. The protocol's treasury is now a permanent bid in the market, systematically pulling tokens off decentralized exchanges. Every swap fee generated gets funneled straight into buy orders. It creates a self-reinforcing loop: more volume means more fees, which means more buybacks, which theoretically props up the price. It's a closed economic system designed for one outcome—up only.

Technical Tailwinds Meet Tokenomics

This isn't happening in a vacuum. The buyback pressure coincides with ASTER testing key resistance levels. Analysts are eyeing that $1.10 mark not as a hopeful target, but as the next logical inflection point if sustained buying pressure overwhelms sell-side liquidity. The mechanism bypasses the need for new investor hype—it just mechanically reduces circulating supply.

Of course, it's the kind of financial engineering that would make a traditional fund manager scoff—until they see the green candles. The ultimate test is whether the artificial scarcity can hold against a real market downturn. For now, the engine is running hot, and $1.10 is squarely in the crosshairs.

ASTER Consolidation Phase Persists With $1.10 in Focus

Moreover, the crypto analyst, Ardi, highlighted that despite the recent levels of market volatility, the token has held up well in a compact range of consolidation. Furthermore, the bulls have been strongly supporting the $0.92 level with each subsequent dip, preventing it from falling into the $0.85-$0.88 region of demand. This crucial support at $0.92 is essential for the given range to remain valid.

While the upside momentum is held back by the proximity to the $0.97 resistance, the consistent rejections at this point ensure that any relief attempt denies a recovery back to the important $1.00 mark, keeping the outlook slightly bearish. A strong $0.92 support would, however, ensure that the downside risk is limited.

Source: Ardi

A significant positive change WOULD mean a reversal of $0.97 to support levels and a strong recovery of $1.00. Holding above $1.10 would be essential to establish a positive market structure. However, for now, shorts at $0.98 levels are valid, but they would become weaker if the markets stay firmly above $1.00.

Also Read: ASTER Price Prediction: Channel Breakout Could Sparks the Rally to $2.50