Aster price drops by 2.8%, dragging the token below its $1 threshold following recent news that the team would embark on a plan to burn 50% of all buyback tokens. 🚨 (Spoiler: It didn’t work.)
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A close above this line could indicate a shift in short-term sentiment for Aster price. However, if the token fails to make its way back to the $1 mark, it could invite further downside toward the $0.80 region if selling persists. 🧨
On the momentum side, the Relative Strength Index has climbed to around 61, suggesting moderate bullish recovery from recent oversold conditions. This indicates some buying activity following the buyback announcement, though traders appear to remain cautious. 🤔
Sustained RSI movement above 60 would strengthen the case for a trend reversal, but if it slips back below 50 the market could resume its bearish trajectory. 🐍
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2025-10-31 18:15