$ASTER has successfully broken out of a long-term descending channel, signaling renewed bullish momentum as it retests the $1.30–$1.32 level. The token's market capitalization has surpassed $2.6 billion, indicating increased investor confidence. A strategic move saw 154 million tokens repurchased, with 77 million burned, effectively reducing the circulating supply by 3.9%.
The breakout suggests potential for further upward movement, with price targets set between $2.60 and $2.70. Despite some intraday pullbacks near the $1.31–$1.32 range, the overall bullish trend for $ASTER remains strong.
$ASTER Surges Past $2.6B Market Cap After Breaking Descending Channel
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