• Aster is trading down 10 percent in 24 hours and is approaching support at $2.02 and is limited by resistance at $2.41.
• Fibonacci points mark on the upsides of the market at a level of $2.41, 3.16, 3.87 and long term extension of $4.50.
• The present consolidation is volatile, and the resistance of $2.41 is considered the key to a short-term recovery.
  

After recent gains Aster has registered a significant pull back and is down in its former resistance zone. The value of the token was trading $2.09 with a 10.0 percent decrease in the previous 24 hours. On the pair of Bitcoin, it is traded at 0.00001868 BTC, which indicates a 9.6% change. The decrease has taken the token near its support of 2.02 and has been found to have its resistance at $2.41. The technical charts show that it has a number of upside targets with a strong case scenario of up to $4.50.

Current Trading Range and Market Position

The 24-hour range highlights increased activity, with prices swinging between $2.02 and $2.41. The range captures nearby support and resistance, setting the boundaries for short-term direction. 

While the token has retreated, major chart projections remain intact. Fibonacci extensions place key future levels at 2.618, 3.618, and 4.618. The highest projection, near $4.50, is in accordance with bullish potential on the provision that momentum is sustained.

Technical Indicators and Observed Levels

It is apparent that recent trends are characterized by consolidation following spurts of growth. The chart has upside targets of $2.41, 3.16 and 3.87 with the last target of extension being 4.50. These levels are the Fibonacci levels and these levels are usually used to give reference to traders. 

Although the decline was by 10.0 percent, the buyers defended major levels in the past, which backed the upward movements that had occurred several times in the week. Current resistance remains firm at $2.41, while support at $2.02 holds significance for maintaining the structure.

Market Implications and Future Monitoring

The observed decline underscores the volatility in Aster’s price action. However, the outlined Fibonacci levels continue to guide attention toward potential retracement and extension zones. Market participants are particularly monitoring the $2.41 resistance as a critical point for short-term recovery. 

Notably, the $4.50 target represents a longer-term upside scenario if the token regains momentum. With a strong base level at $2.02, future sessions will determine whether Aster moves toward consolidation or reattempts higher levels.

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