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Is this quietly before the storm or is $ASTER just running out of steam?
We’ve been stuck in this boring sideways range for weeks now. The price is hovering at $0.663, and honestly, the chart is looking pretty flat. We had that massive wick down to $0.623 a while back which set our floor, but we can't seem to break past the $0.700 resistance level.
Volume is super low right now at just 8.7M. That usually means a big move is brewing because the market is getting compressed.
Looking at the order book, it’s almost a 50/50 split between buyers and sellers. Total indecision.
I’m waiting for a breakout above $0.690 with actual volume before I even think about it long. If we lose the $0.650 level, we might be headed back to test that $0.623 wick. Just sitting on my hands for now.
#USMilitaryMaduroBettingScandal