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Aster struggles below $0.65 amid bearish trends and large holders reducing positions.

Technical Signals
08 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Aster (ASTER) remains under pressure, trading below the key $0.65 support level despite a recent 8% recovery attempt. The token's bearish outlook is reinforced by a breakdown from a parallel channel, declining whale holdings, and a weak broader trend indicated by trading below the 200-day EMA. Large holders have reduced their exposure by 269,099 ASTER, and derivative traders show slightly more short positions than long. If ASTER fails to reclaim $0.65, it could drop further toward $0.467, representing a potential 25% decline.

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