ASTER Price Falls 10% in 8 Hours As Outflows Begin Their Domination

ASTER recently recorded a new all-time high (ATH) of $2.43, but the rally was short-lived. 

Within the last eight hours, the altcoin has dropped by 10%, sliding toward the $2.00 mark. The shift in investors’ stance and growing market weakness raises the risk of further losses.

Aster Is Losing Support

The Chaikin Money Flow (CMF) indicator highlights a decline in ASTER’s momentum. Currently slipping below the zero line, the CMF suggests outflows are beginning to dominate inflows. This change signals that selling pressure is outweighing buying activity, a bearish sign for the token’s near-term outlook.

Negative netflows highlight a point of saturation among investors who had been strongly bullish on ASTER during its climb to record highs. As enthusiasm cools, profit-taking is accelerating, leaving the altcoin vulnerable to deeper corrections.

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ASTER CMF. Source:  ASTER CMF. Source: TradingView

From a macro perspective, the Squeeze Momentum Indicator reveals a bearish trend building beneath the surface. The indicator shows that momentum has shifted into negative territory. As the squeeze develops, a potential release could drive heightened volatility that would weigh further on the altcoin’s performance.

If bearish momentum dominates when the squeeze breaks, ASTER could see accelerated losses. Volatility explosions often favor the prevailing trend, and with indicators flashing red, the bias appears skewed toward the downside. This setup leaves ASTER exposed to sharp corrections in the short term.

ASTER Squeeze Momentum Indicator. Source:  ASTER Squeeze Momentum Indicator. Source: TradingView

ASTER Price May Face A Drop

ASTER is trading at $2.07 at the time of writing, with its latest decline confirming the pressure it faces. The $2.24 level has now become strong resistance, blocking any immediate attempts at recovery.

The next critical support for ASTER lies at $1.87, and considering the prevailing momentum, the token is likely to test this level. A further drop could trigger panic selling, amplifying the decline as traders rush to secure gains or cut losses.

ASTER Price Analysis. Source:  ASTER Price Analysis. Source: TradingView

However, if broader market cues turn favorable and ASTER reclaims $2.24 as support, the bearish outlook could be invalidated. This recovery would bring the token closer to its ATH of $2.43, offering bulls a chance to retest higher levels.