Aster’s Technical Pattern Hints at Breakout Potential: Analyst’s Cautious Optimism

The cryptocurrency market is witnessing intriguing trends, with Aster (ASTER) gaining attention as a potential breakout candidate. While it hasn’t experienced major price jumps yet, traders are observing a clear technical pattern forming that could signal a significant surge. Market analyst Sjuul, from AltCryptoGems, observed on X that Aster’s price seems to be building a rounded bottom structure, a pattern often seen as an indicator of the end of a prolonged downtrend. This is characterized by buyers slowly gaining control against sellers, resulting in that smooth U-shape on the chart.   For weeks, Aster has been stuck in a narrow trading range but each pullback has yielded higher lows. This subtle shift suggests selling pressure might be easing. If Aster can break through the resistance zone of $0.095 to $0.10, this pattern could confirm and open the door for a rally towards $0.12 or even $0.15 in the near term.    Sjuul’s cautious optimism is based on these key insights: The $0.10 level serves as a crucial test point. A clean breakout above this level with increased trading volume suggests fresh investment interest in Aster. Until then, traders are cautiously watching for signs of genuine momentum, not just short-term price swings.   What’s next for Aster? If it can hold above its recent support near $0.085 and push past resistance, the token might shift from accumulation to expansion – a sign of a new uptrend. On the other hand, if it fails to clear this level, it might remain range-bound for some time. Regardless, this setup is worth watching as rounded bottoms rarely appear, and when they do, they can mark the start of something larger.