Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B

Aster price has recently shown strong signals on the chart, with a breakout from its falling channel drawing fresh market attention. The move has been supported by steady growth in open interest, highlighting renewed positioning from participants. Additionally, recent accumulation trends have surfaced, further strengthening confidence in its upside outlook. These combined factors are shaping the short-term narrative, keeping Aster price in focus as the market evaluates the sustainability of this shift.

Aster Price Sets Its Sights on $3 Breakout Target

The current Bitcoin market price trades at $1.93, providing context as Aster price consolidates above its breakout zone. Aster price reclaimed the 0.5 Fibonacci level at $1.97 after escaping a falling channel, strengthening the case for further continuation. 

The next checkpoints align with the 0.618 retracement at $2.08 and the 0.786 level near $2.23, both critical resistances. A push beyond these levels could open the door to test the psychological $3 barrier highlighted on the chart. 

Market analysts have also compared ASTER’s trajectory to HYPE, noting that if it mirrors HYPE’s all-time high, Aster price could reach $9.69. This projection reflects the long-term potential that extends beyond Fibonacci levels. 

With retracements so far holding firm, Aster price remains structurally intact, defending its breakout and eyeing higher resistance bands ahead.

Rising Open Interest And Whale Accumulation Signal Strong Confidence

Open interest has increased 8.89% to $1.37 billion, showing fresh conviction in Aster price as the breakout unfolds, according to CoinGlass. 

Such expansion across derivatives markets often aligns with technical breakouts, reinforcing the probability of continuation. The growth of contracts complements the chart structure, suggesting participants are increasingly positioning for higher levels.

Meanwhile, whale inflows have provided further strength. Lookonchain reported that a whale spent $5 million USDT to buy 2.74 million ASTER, lifting its holdings to 3.07 million tokens worth about $5.95 million. This large-scale accumulation absorbs available supply and underscores long-term belief in the project. 

At the same time, reports confirmed ASTER deposits flowing into Binance wallets following CZ’s endorsement. Experts suggest this could represent a test phase before a potential Binance listing, adding another bullish catalyst. Together, expanding open interest, whale positioning, and possible exchange momentum paint a stronger case for Aster price to extend higher.

Summary 

Aster price has established a decisive breakout from its falling channel, reclaiming key Fibonacci zones. Rising open interest validates the structural move, while whale inflows demonstrate clear conviction. The possibility of a Binance listing following CZ’s endorsement further intensifies upside potential. Altogether, Aster price holds both technical and on-chain backing for a continued push toward higher resistance levels.