ASTR/USDT Switch to Upward Momentum ??? Astar Analysis Today💎 ASTR has certainly captured our interest. Currently, ASTR is navigating within a descending channel formation, recently experiencing a notable upward surge following a bounce off the channel's support trendline. There's potential for ASTR to climb further to challenge the resistance trendline, as indicated by the robust green candle.
💎 However, merely reaching this point isn't enough; ASTR needs to decisively break out of the descending pattern to validate a bullish momentum and sustain its ascent. Success in this endeavor could see ASTR targeting the supply zone and even the significant supply area beyond.
💎 Conversely, if ASTR faces rejection at the resistance level, it may retreat for a retesting phase near the upcoming demand zone, aiming to gather strength for another breakout attempt. The scenario turns bleak if, during retesting, ASTR fails to demonstrate a strong rebound or faces rejection at the demand zone, leading to a breach below. Under these circumstances, ASTR might extend its downward trajectory, seeking the next level of support.
