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🚨 ASTER 🚀 WHALE ALERT 🐋: $3M INJECTIONS fuel $1.06 ASTER surge,
classic whale maneuvers in play: strategic injections fueling bullish sentiment and signaling potential breakout. short traders facing losses as funding rates turn positive, aligning with
Aster was trading at $1.06 after a 9.76% 24-hour rise, with a whale injecting $3 million in USDC and USDT to buy 2.996 million ASTER at $1. This decisive demand often signals emerging recoveries and higher valuations anticipated by big players. The breakout from a descending price channel to $1.094, supported by the RSI at 55:30, shifted the short-term trend towards buyers.
Short traders faced significant losses due to Aster’s derivatives landscape changes, with more liquidations on short positions compared to long ones. This imbalance added upward pressure, accelerating price increases during recovery phases. The funding rate turning positive to 0.0051% indicated traders supporting long positions, aligning with spot momentum and confirming renewed confidence as buyers gained control. Liquidity clusters around $1.05, $1.08, and below $1.00 were identified as potential areas for increased volatility and intense market activity.
In conclusion, Aster’s bullish momentum strengthened with whale accumulation, a channel breakout, positive funding, and significant short liquidations, indicating a favorable near-term outlook for upside expansion. Buyers were poised to drive Aster higher as market conditions continued to support upward trends.
Aster Rises as Whale Demand Increases – Is a Stronger Breakout Coming?
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