- $ASTER price is holding the critical $0.95–$1.00 support, confirming accumulation and preparing for a potential move toward $2.
- Binance CEO Changpeng Zhao purchased $ASTER personally, reinforcing market confidence and attracting significant attention from traders and exchanges.
- Technical setup and strong fundamentals converge, with the “Hold & Bounce” pattern indicating readiness for a continued bullish expansion phase.
$ASTER is maintaining its critical support range around $0.95–$1.00, a level that has consistently attracted buyers in recent trading sessions. Analysts are monitoring this zone closely, as it could determine the token’s next price direction and potential continuation toward higher targets.
Price Action Confirms Technical Base
$ASTER is currently holding the support level identified in previous setups, as noted by Cipher X (@Cipher2X). The region near $0.95–$1.00 has repeatedly drawn buying pressure, preventing further declines. Long lower wicks indicate that buyers are actively defending this area.
The technical structure resembles a textbook retest after a breakout rally. A previous move towards 1.25+ had a great deal of momentum, and the current pullback is seen as a cooling off rather than reversal. A daily close of above 0.95 is also a critical step to maintaining bullish momentum.
The short-run objectives of $ASTER are between $1.25 to 1.50, whereas its growth can go to 2 or beyond. Support provides a very important foundation for the continuation of the token, giving a very clear base for further upward movement.
Endorsement from Binance CEO Strengthens Sentiment
Fundamentals have received attention after Binance founder Changpeng Zhao publicly disclosed purchasing $ASTER with his own funds. According to a community post shared by Danny, Zhao intends to hold the asset long-term, signaling personal confidence in the token.
Such endorsements influence broader market sentiment, as investors often follow high-profile participation. Zhao’s involvement has increased awareness of $ASTER across exchanges, including BingX, and has sparked heightened trader attention in recent sessions.
Community discussions emphasize that this combination of technical stability and notable backing creates a strong narrative for continued accumulation. The support zone remains defended while interest from prominent figures boosts visibility and confidence.
Technical-Fundamental Convergence Supports Upside Potential
Cipher X highlighted that $ASTER benefits from a clear confluence of technical strength and fundamental validation. Buyers continue defending the support zone, reinforcing the potential for another upward leg.
The “Hold & Bounce” structure reflects accumulation rather than distribution, suggesting market participants are preparing for renewed momentum. Price action near the demand base shows consistent engagement by smart money, reducing immediate downside risk.
If the support remains intact, $ASTER could target $2 and beyond. The alignment of technical patterns with influential market participation positions $ASTER as a closely watched token for upcoming trading sessions, with both price structure and sentiment favoring continuation.
