Overview
- Aster fell from a $2.30 peak to about $1.10, then steadied near $1.15 while price action now gravitates toward a $1.20 support zone.
- Technical traders highlight a broken $1.50 neckline from a double-top on Oct. 10, with $1.50–$1.60 viewed as near-term resistance to validate any rebound.
- DeFiLlama suspended Aster trading data after detecting tight volume correlations with Binance, raising questions about reported liquidity.
- Over 6.1 million ASTER tokens were sent to a Binance-linked address, a move reported as potentially tied to Galaxy Digital but not confirmed.
- Aster postponed its Phase 2 distribution to Oct. 20 due to allocation data issues, while broader risk-off flows after new U.S. tariff headlines added selling pressure.