Aster Holds Near $1.06 as Tightening Channel Highlights Key Resistance

• The price is close to the resistance of $1.07 and Aster has been near the 1.06 mark following an 8.2% increase on a single day.
• The $0.9641 support remained active as recent rebounds formed from this area and sustained the tightening channel.
• The eight-hour chart showed price pressing against the descending channel top, highlighting the narrowing range.

Aster traded inside a narrowing structure on the eight-hour chart, and recent movement pushed the token toward the upper boundary of its channel. The asset has increased by 8.2 percent in the past 24 hours and is now at $1.06, a position that is near the mentioned resistance of $1.07. This is after a gradual increase out of the support area in the range of $0.9641 and the tightening action continued to look at the possibility of the price entering the downward band.

The support-resistance range was active during the session, and trade. The range between support and resistance stayed active through the session, and traders continued to measure the response around these barriers.

Price Pressures Upper Channel as Support at $0.9641 Sustains the Tightening Structure

The chart showed price pressing against the upper channel line, and this test shaped the early session. The move higher followed several controlled swings that developed inside the descending structure. Moreover, the rise aligned with the short bounce recorded earlier in the week.

Each attempt to hold above $1.06 added short-term weight to the move, and this created a cleaner link to the immediate resistance. However, the range still held its form, and the boundaries remained the clearest guide for the current phase.Support at $0.9641 stayed relevant because price approached this zone multiple times before moving higher. This area helped outline the lower edge of the channel and guided the rebound that followed.

Additionally, the reaction from this zone helped stabilize the lower structure and kept the channel intact. The pattern created a continuous rhythm between the two boundaries, and this movement directed attention back to the tightening formation. Each return to support reinforced the importance of the level in shaping short-term behavior.

Tightening Channel Highlights Clear Resistance as Price Tracks Toward $1.07

The narrowing structure gained more emphasis as price moved closer to the upper resistance. The eight-hour chart showed a clean connection between the channel top and the current price. Furthermore, the slope of the formation remained consistent through recent sessions. This steady structure allowed the market to track each shift with greater clarity. The resistance at $1.07 continued to serve as the upper edge of the 24-hour range, and the market watched this barrier as tightening conditions persisted. The arrangement provided a defined structure for observing how price behaves within the channel.