Aster (ASTR) continues to show bullish intent ASTERUSDT Perpetual ContractBYBIT:ASTERUSDT.PThe_Alchemist_Trader_Aster (ASTR) continues to show bullish intent after a strong rebound from the $1.80 support zone, where buyers stepped in aggressively. With price consolidating near the channel midpoint, technical indicators suggest a continuation pattern forming. Aster has maintained a steady bullish trajectory after recovering from a key high-volume region around $1.80. This level coincides with the 0.618 Fibonacci retracement, VWAP support, and point of control (POC), creating a dense technical cluster that served as a launchpad for the current rally. The asset is now consolidating, likely preparing for the next directional move. Key Technical Points - Support Zone: $1.80 region aligned with 0.618 Fibonacci, VWAP, and POC. - Structure: Consolidation near channel midpoint following impulsive rebound. - Target Zone: Next major liquidity pocket near $2.40–$2.60 resistance region. The rebound from $1.80 marked a significant structural reversal, with price reclaiming both local VWAP and the point of control. This area attracted renewed accumulation as funding rates stabilized, suggesting that speculative longs are being absorbed by organic demand. Price is now ranging tightly near the channel midpoint, building energy for a potential breakout. The presence of overlapping moving averages and balanced volume distribution indicates equilibrium — a common precursor to continuation rallies in trending markets. Market sentiment remains positive despite minor fluctuations, supported by steady open interest and positive funding data. From a technical standpoint, maintaining higher lows within this range reinforces the bullish bias. What to Expect in the Coming Price Action As long as Aster holds above the $1.80–$1.90 region, a breakout toward the $2.40–$2.60 zone appears probable. Sustained volume above VWAP and a decisive close beyond the channel midpoint would confirm continuation, potentially extending the rally toward previous highs.