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Aster (ASTER) Dips To Test Key Support – Could This Pattern Trigger a Bounce Back?

Aster (ASTER) Dips To Test Key Support – Could This Pattern Trigger a Bounce Back?

CoinsProbe2025/10/09 10:39
By: Nilesh Hembade
BTC+0.71%ASTER+5.26%

Date: Thu, Oct 09, 2025 | 04:10 AM GMT

The cryptocurrency market is experiencing a moment of calm after an impressive rally that recently sent Bitcoin (BTC) to a new all-time high of $126,000 before correcting to around $122,000. Meanwhile, Ethereum (ETH) is trading flat near $4,450, reflecting mixed sentiment across the broader market.

Among the altcoins showing some volatility today is Aster (ASTER), which has declined by 4%. Yet, beyond the short-term dip, But what’s catching attention is not just the decline itself — it’s the fact that the token is now testing a crucial technical level inside a key chart pattern.

Aster (ASTER) Dips To Test Key Support – Could This Pattern Trigger a Bounce Back? image 0 Source: Coinmarketcap

Symmetrical Triangle in Play

On the 4-hour chart, ASTER has been consolidating within a symmetrical triangle pattern — a formation that often signals a period of indecision before a strong breakout in either direction.

The latest correction has pulled ASTER back toward the triangle’s lower boundary near $1.7690, where buyers seem to be stepping in to defend the structure. At the time of writing, ASTER is trading around $1.84, sitting just above the support trendline and slightly below the 50-hour moving average (MA) at $1.9189, which has acted as a key barrier for the bulls.

Aster (ASTER) Dips To Test Key Support – Could This Pattern Trigger a Bounce Back? image 1 Aster (ASTER) 4H Chart/Coinsprobe (Source: Tradingview)

Reclaiming this MA could be the first signal of renewed momentum, potentially setting the stage for a stronger rebound.

What’s Next for ASTER?

If ASTER successfully holds the ascending support trendline and closes above the 50-hour MA, it could spark renewed momentum toward the triangle’s descending resistance line. A breakout above that level may open the door for a bullish move toward $2.88, which aligns with the measured move target from the pattern’s height.

However, a decisive break below the support trendline would signal a bearish breakdown, potentially pushing the price toward lower supports and delaying any bullish recovery in the short term.

For now, ASTER appears to be at a critical turning point — a level where patient traders are waiting for confirmation of either a bounce or breakdown before the next major move unfolds.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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