ASTER Breakout Confirmed, But Price Flashes Warning

Source Beincrypto

The ASTER price is up over 8% today and about 12% in the past week. The token has finally broken out of a falling wedge, which is normally a bullish pattern.

But even with today’s sharp jump, some warning signs are forming. Two momentum divergences and a heavy long buildup on the liquidation map show that the next move may not be a straight continuation. The question now is whether ASTER can extend the breakout or if a pullback hits first.

Momentum Shows Strength, But Divergences Are Appearing

The first concern comes from the Relative Strength Index (RSI). RSI measures buying pressure and indicates whether the move has underlying strength. Between November 2 and November 16, ASTER’s price made a lower high while RSI made a higher high. That is a hidden bearish divergence. It appears that when buying pressure rises, the price fails to follow. It usually warns of a pullback.

ASTER Shows RSI DivergenceASTER Shows RSI Divergence: TradingView

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

The Money Flow Index (MFI), which tracks dip buying by combining price and volume, is flashing the same problem. Between November 11 and November 16, the price formed a higher low, but MFI formed a lower low. This means dip buying is getting weaker.

Dip Buying Slowing DownDip Buying Slowing Down: TradingView

Both divergences point to the same message. Buyers pushed ASTER high enough to break the wedge, but they did not push strongly enough to confirm a rally. A daily candle close above $1.28 is the only level that clears both divergences and confirms real strength.

Long Heavy Positioning Raises Pullback Risk

The bigger risk comes from leverage. On Binance’s ASTER-USDT liquidation map, long liquidation leverage is $25.86 million. Short liquidation leverage is only $6.06 million.

So longs are more than four times larger than shorts. This setup means the move is built on aggressive long positioning. If the ASTER price even dips modestly, these longs are at risk. When long liquidations fire, the price usually drops faster because forced selling accelerates the move.

Long-Biased Liquidation MapLong-Biased Liquidation Map: Coinglass

This pairs directly with the divergences. If momentum weakens and the price pulls back, the Aster price could face a deeper slide because the long side is overloaded. That is the core risk hidden under today’s breakout.

ASTER Price Needs $1.28 To Confirm Strength

The ASTER price chart shows the same tension. ASTER broke the falling wedge today. But the breakout only becomes reliable above $1.28. That is the key level at which the structure transitions from an unstable breakout to a definite trend change.

If the divergences play out and the pullback begins, the first level ASTER needs to defend is $1.09. Holding that level keeps the drop limited to a simple correction.

Losing $1.09 opens the way toward $0.99, which is also where most long-liquidation clusters sit on the Binance map. A move into that zone would likely accelerate the drop because the long-side leverage is heavy.

ASTER Price AnalysisASTER Price Analysis: TradingView

If ASTER closes above $1.28 instead, the divergences get invalidated and the path opens toward $1.59. That is the next major level the chart points to.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
What's Really Inside the AI Bubble? Decoding the Core Controversies Over Scale, Reliance and Valuation As ChatGPT nears its three-year anniversary, the AI boom has fueled a three-year U.S. equity rally. However, growing AI bubble concerns and investor fatigue now threaten to derail market
Author  TradingKey
Nov 14, Fri
As ChatGPT nears its three-year anniversary, the AI boom has fueled a three-year U.S. equity rally. However, growing AI bubble concerns and investor fatigue now threaten to derail market
placeholder
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP flash deeper downside risks as market selloff intensifiesBitcoin (BTC), Ethereum (ETH) and Ripple (XRP) trade in red on Friday after correcting more than 5%, 10% and 2%, respectively, so far this week.
Author  FXStreet
Nov 14, Fri
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) trade in red on Friday after correcting more than 5%, 10% and 2%, respectively, so far this week.
placeholder
Gold Posts Biggest Weekly Gain in a Month as US Data Delays Fuel UncertaintyGold climbed higher on Friday, marking its strongest weekly performance in a month, as traders weighed the impact of a data backlog following the end of the US government's extended shutdown. Silver also moved upward.
Author  Mitrade
Nov 14, Fri
Gold climbed higher on Friday, marking its strongest weekly performance in a month, as traders weighed the impact of a data backlog following the end of the US government's extended shutdown. Silver also moved upward.
placeholder
WTI rises to near $60.00 on supply risks due to US sanctionsWest Texas Intermediate (WTI) Oil price gains for the second successive session, trading around $59.90, up by more than 2%, during the Asian hours on Friday. Crude Oil prices receive support from supply risks linked to upcoming United States (US) sanctions.
Author  FXStreet
Nov 14, Fri
West Texas Intermediate (WTI) Oil price gains for the second successive session, trading around $59.90, up by more than 2%, during the Asian hours on Friday. Crude Oil prices receive support from supply risks linked to upcoming United States (US) sanctions.
placeholder
Ethereum slides 5% as bears lean on $3,500 cap and put $3,150 support in focusEthereum (ETH) drops more than 5% after a failed push above $3,550, with price sliding to $3,153 and now holding below $3,350, the 100-hour SMA and a bearish trend line at $3,500; unless bulls reclaim the $3,350–$3,500 zone, the short-term bias stays bearish and a clean break under $3,150 could expose $3,050, $3,000 and even the $2,880–$2,850 support area.
Author  Mitrade
Nov 14, Fri
Ethereum (ETH) drops more than 5% after a failed push above $3,550, with price sliding to $3,153 and now holding below $3,350, the 100-hour SMA and a bearish trend line at $3,500; unless bulls reclaim the $3,350–$3,500 zone, the short-term bias stays bearish and a clean break under $3,150 could expose $3,050, $3,000 and even the $2,880–$2,850 support area.
goTop
quote