ASTER: Summary of Binance Killers Community Discussion (14:00:09 ~ 15:00:09)

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1. The current recommendation is to long on ASTER, as the breakout from the descending channel two days ago confirms a short-term bullish structure. The current price is 0.71. After a strong rally, as long as the 0.68-0.70 support level holds, the outlook remains bullish, targeting 0.75-0.80. There are no indications of "overextended rally" or "wait for a pullback," so the bias is towards following the trend and going long. 2. Position and Risk Management Recommendations: It is recommended to use 0.68–0.70 as a key support level for risk control. A stop-loss order should be placed immediately if the price breaks below this level to avoid a failed breakout and subsequent pullback. Position sizing should start conservatively, and positions can be gradually added after support is confirmed, with a take-profit target around 0.75–0.80. There are no specific timeframes; closely monitor the support area. 3. Suitable for a conservative short-to-medium-term trend-following style, primarily focusing on long. No clear catalysts are available; confirmation relies on structural breakouts. Quick entry and exit are advised, remaining vigilant against the risk of support levels being breached, and avoiding holding positions for too long during pullbacks.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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